The Following Information Pertains to the Southern Territory of Nordeen

question 24

Multiple Choice

The following information pertains to the Southern Territory of Nordeen Company:

-The contribution by segment is

• A) $25,000.
• B) $37,500.
• C) $17,500.
• D) $67,500.

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Definitions:

Discount Rate

The interest rate used in calculating the present value of future cash flows; reflects the risk and the time value of money.

IFRS

The International Financial Reporting Standards are a set of accounting principles used internationally to ensure financial statements are comparable across international boundaries.

US GAAP

United States Generally Accepted Accounting Principles, which govern the preparation and reporting of financial statements in the U.S.