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Ridge Company Is in the Process of Determining Its Reportable

question 29

Essay

Ridge Company is in the process of determining its reportable segments for the year ended December 31,2008.As the person responsible for determining this information,you gather the following information:
Required:
a)Using the appropriate tests,determine which of the industry segments listed above are reportable for 2008.Show your supporting computations in good form.
b)Indicate whether or not Ridge's reportable segments satisfy the 75 percent test.Show your supporting computations in good form.
Ridge Company is in the process of determining its reportable segments for the year ended December 31,2008.As the person responsible for determining this information,you gather the following information: Required: a)Using the appropriate tests,determine which of the industry segments listed above are reportable for 2008.Show your supporting computations in good form. b)Indicate whether or not Ridge's reportable segments satisfy the 75 percent test.Show your supporting computations in good form.


Definitions:

Spiral Organ

A structure in the cochlea of the inner ear responsible for converting sound vibrations into neural signals.

Sound Waves

Audible disturbances that propagate through the air or other materials and are perceivable when they arrive at the ear of a human or animal.

Sense Organs

Organs that receive stimuli (like the eyes, ears, nose, tongue, and skin) and send information to the brain via the nervous system to be interpreted.

Lens Flexibility

Lens flexibility refers to the capacity of the eye's lens to change shape to focus on objects at various distances, crucial for sharp vision.

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