For internal decision-making purposes, Geogh Corporation identifies its industry segments by geographical area.For 2011, the total revenues of each segment are provided below.There are no intersegment revenues.
Required:
1.Which operating segments will be considered reporting segments based on the revenue test?
2.What is the test value for determining whether a sufficient number of segments are reported?
3.What will be the minimum number of segments that must be reported?
Definitions:
Heart Rate
The number of heartbeats per unit of time, usually measured in beats per minute (bpm), indicating cardiovascular activity and overall health.
Reticular Formation
A network of neurons in the brainstem involved in consciousness and alertness.
Clock Radio
An electronic device that combines the features of a clock with a radio, often used as an alarm.
Substantia Nigra
Black nuclear mass in the midbrain; involved in coordinating movement and maintaining muscle tone.
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