The Accountant for Baxter Corporation Has Assigned Most of the Company's

question 3

Essay

The accountant for Baxter Corporation has assigned most of the company's assets to its three segments as follows:
The unassigned assets consist of $430,000 of unallocated goodwill and $270,000 of assets attached to the corporate headquarters.For internal decision-making purposes,goodwill is not assigned to the segments and the assets assigned to the corporate headquarters are allocated equally to the operating segments.
Required:
1.What is the proper threshold value to use in determining which of the operating segments shown above are reporting segments?
2.Which of the operating segments are considered reporting segments?

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Definitions:

Population

A group of individuals of the same species living and interacting in the same region.

Biosphere

All Earth’s communities of living organisms and their physical environments.

Community

A group of interacting living organisms sharing a populated environment, often considered within ecological and social contexts.

Ecosystem

A dynamic complex of plant, animal, and microorganism communities and their non-living environment interacting as a functional unit.