The following data relate to Elle Corporation's industry segments.(Elle HQ represents the corporate headquarters).All other segments are geographical sales segments.
Required:
1.Prepare a report which reconciles the reportable segment profits to total consolidated profits assuming that corporate expenses are not allocated to the operating segments.
2.Prepare a report which reconciles the reportable segment profits to total consolidated profits assuming that corporate expenses are allocated evenly among the operating segments.
Definitions:
Ethical Responsibility
The duty to make decisions and conduct oneself in a way that is fair, honest, and respects the rights and dignity of all stakeholders.
Philanthropic Goodwill
The positive reputation and brand value that an organization gains through its charitable actions and contributions to society.
Market Research
The process of gathering, analyzing, and interpreting information about a market, including potential customers and competitors.
SWOT Analysis
A strategic planning tool that evaluates Strengths, Weaknesses, Opportunities, and Threats of a business or project.
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