Segment reporting.Finney Company's condensed income statement is presented below:
Instructions
(a) Prepare a schedule showing the amounts distributed to each segment.
(b) Based only on the above information, which segments must be reported and why?

Question

Segment reporting.Finney Company's condensed income statement is presented below:  
Instructions
(a) Prepare a schedule showing the amounts distributed to each segment.
(b) Based only on the above information, which segments must be reported and why?

Quizplus · Accepted Answer

The Answer of Segment reporting.Finney Company's condensed income statement is presented below:  
Instructions
(a) Prepare a schedule showing the amounts distributed to each segment.
(b) Based only on the above information, which segments must be reported and why?

Segment Reporting