(Segmented Reporting) LaGreca Company is involved in four separate industries. The following information is available for each of the four industries.
|
Operating Segment |
Total Revenue |
Operating Profit (Loss) |
Identifiable Assets |
|
W |
$ 60,000 |
$15,000 |
$167,000 |
|
X |
10,000 |
1,500 |
83,000 |
|
Y |
23,000 |
(2,000) |
21,000 |
|
Z |
9,000 |
1,000 |
19,000 |
|
$102,000 |
$15,500 |
$290,000 |
Instructions
Determine which of the operating segments are reportable based on the:
(a) Revenue test.
(b) Operating profit (loss) test.
(c) Identifiable assets test.