Information About the Seven Segments of the Kenny Corporation Is

question 52

Essay

Information about the seven segments of the Kenny Corporation is presented below.Determine which of the segments are reportable and why.
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$$\begin{array} { c r r r r } &&&\text { General and }\\\text { Segment } & \begin{array} { r } \text { Revenue from } \\\text { Rll Sources }\end{array} & \text { Cost of Sales } & \begin{array} { r } \text { Administrative } \\\text { Expenses }\end{array} & \begin{array} { r } \text { Total } \\\text { Assets }\end{array} \\\hline 1 & \$ 17,450,000 & \$ 15,200,000 & \$ 4,500,000 & \$ 55,000,000 \\2 & 25,200,000 & 20,000,000 & 4,000,000 & 80,000,000 \\3 & 9,150,000 & 7,000,000 & 1,500,000 & 28,250,000 \\4 & 780,000 & 300,000 & 100,000 & 4,750,000 \\5 & 11,500,000 & 8,900,000 & 4,250,000 & 25,500,000 \\6 & 6,800,000 & 3,400,000 & 2,000,000 & 12,000,000 \\7 & 2,100,000 & 1,000,000 & 900,000 & 10,000,000 \\\text { Total } & \$ 72,980,000 & \$ 55,800,000 & \$ 17,250,000 & \$ 215,500,000 \\\hline\end{array}$$

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Definitions:

Quality Assurance

Procedures that ensure that the services provided in the medical practice meet or exceed requirements and standards.

Medical Instrument

Tools or devices used in the practice of medicine for diagnosis, treatment, or surgery.

Known Standards

Established benchmarks or criteria widely accepted within a particular industry or profession.

Quality Assurance

Processes and methodologies employed to ensure products or services meet specified requirements and standards.