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The Controller of Getaway Corporation Has Prepared and Summarized the Following

question 12

Essay

The controller of Getaway Corporation has prepared and summarized the following information for her company (all in millions of $):
 External sales  Inter-segment  sales  Operating  profit (loss)  Total assets  Hotels 975891,050 Car rentals 51265642 Guided tours 205(25)221 Bus tours 17310011250 Cruises 9850(15)95 Total 1,9631501252,258\begin{array} { | l | r | r | r | r | } \hline& \text { External sales } & \begin{array} { r } \text { Inter-segment } \\\text { sales }\end{array} & \begin{array} { r } \text { Operating } \\\text { profit (loss) }\end{array} & \text { Total assets } \\\hline \text { Hotels } & 975 & & 89 & 1,050 \\\hline \text { Car rentals } & 512 & & 65 & 642 \\\hline \text { Guided tours } & 205 & & ( 25 ) & 221 \\\hline \text { Bus tours } & 173 & 100 & 11 & 250 \\\hline \text { Cruises } & \underline { 98 } & \underline { 50 } & \underline { ( 15 ) } & \underline { 95 } \\\hline \text { Total } & \underline { 1,963 } & \underline { 150 } & \underline { 125 } & \underline { 2,258 } \\\hline\end{array} Required:
Identify which segments are reportable. Also discuss any ethical issues related to reporting of segmented information.


Definitions:

Impeach

To accuse a public official, particularly a governmental officeholder, of misconduct, leading to a trial to determine whether they can remain in office.

Constitution

Core doctrines or established benchmarks that direct the administration of a state or comparable organizations.

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Appointed officials who serve in the United States federal courts, including the Supreme Court, Appeals Courts, and District Courts, responsible for interpreting and applying federal laws.

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