Accounting Question

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homework_instruction.xlsx

Sheet1

Question:
Segment Number 1 2 3 4 5 6 Totals
Revenues
Sales-External $68,443 $228,517 $105,279 $328,131 $244,521 $297,223 $1,272,114
Sales-Internal $60,747 $14,680 $48,313 $29,538 $77,317 $41,023 $271,618
Interest Income $2,975 $3,234 $4,373 $4,878 $1,412 $2,780 $19,652
Total Revenues $132,165 $246,431 $157,965 $362,547 $323,250 $341,026 $1,563,384
Expenses
Cost of Sales $7,496 $1,780 $7,465 $4,988 $12,901 $8,138 $42,768
Marketing $5,959 $2,488 $3,704 $4,207 $6,774 $8,042 $31,174
Interest Expense $2,152 $519 $1,770 $1,048 $3,198 $1,756 $10,443
Total Expenses $15,607 $4,787 $12,939 $10,243 $22,873 $17,936 $84,385
Segment Profit $116,558 $241,644 $145,026 $352,304 $300,377 $323,090 $1,478,999
Assets $136,886 $228,517 $210,558 $656,262 $489,042 $297,223 $2,018,488
Answer: (Instruction)
Page required: Half to one page only.
Please include 2 references

A multinational corporation based in the U.S. has divided its operations into several segments. The financial information for each segment is in the spreadsheet located at the bottom (Please see below spreadsheet). Review the information and discuss which segments are reportable and why.