A segment of a business enterprise is to be reported separately when the revenues of the segment exceed 10 percent of the

A. Total combined revenues of all segments reporting profits.
B. Total revenues of all the enterprise's industry segments.
C. Total export and foreign sales.
D. Combined net income of all segments reporting profits.

Ans: B. Total revenues of all the enterprise's industry segments.

Business

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For the given data, identify the value of the mean absolute percentage error

A) 9.25 B) 7.36 C) 54.13 D) 21.10

Business

The accounting equation is represented by Assets= Liabilities + Stockholders' Equity which of the following would cause a change in the stockholders' equity accounts:

a. Sale of Land for cash and a note receivable for the balance b. Collection of an account receivable c. Purchased an asset for cash and 10,000 shares of preferred stock d. Purchase of common stock back from shareholders

Business