Correy Corp. and its division are engaged solely in manufacturing operations. The following data (consistent with prior years' data) pertain to the industries in which operations were conducted for the year ended December 31, Year 2: Operating Segment Total Revenue Profit Assets at 12/31 / Yr2 A $10,000,000 $1,750,000 $20,000,000 B 8,000,000 1,400,000 17,500,000 C 6,000,000 1,200,000 12,500,000 D 3,000,000 550,000 7,500,000 E 4,250,000 675,000 7,000,000 F 1,500,000 225,000 3,000,000 $32,750,000 $5,800,000 $67,500,000In its segment information for year 1, how many reportable segments does Correy have? A. 6B. 5C. 4D. 3
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Home » Business » Correy Corp. and its division are engaged solely in manufacturing operations. The following data (consistent with prior years' data) pertain to the industries in which operations were conducted for the year ended December 31, Year 2: Operating