Oriole Corporation is a diversified company that operates in five different industries: A, B, C, D, and E. The following information relating to each segment is available for 2021. Sales revenue Cost of goods sold Operating expenses Total expenses Operating profit (loss) Identifiable assets $39,500 19,100 10,200 29,300 B $74,600 49,500 40,600 90,100 $10,200 $(15,500) $34,500 $81,600 $570,500 $35,300 D 264,900 235,700 500,600 E 19,100 12,100 31,200 48,000 $69,900 $4,100 $7,000 $505,400 $65,400 $49,400 $55,000 30,200 17,800 Sales of segments B and C included intersegment sales of $20,400 and $99,000, respectively.
Oriole Corporation is a diversified company that operates in five different industries: A, B, C, D, and E. The following information relating to each segment is available for 2021. Sales revenue Cost of goods sold Operating expenses Total expenses Operating profit (loss) Identifiable assets $39,500 19,100 10,200 29,300 B $74,600 49,500 40,600 90,100 $10,200 $(15,500) $34,500 $81,600 $570,500 $35,300 D 264,900 235,700 500,600 E 19,100 12,100 31,200 48,000 $69,900 $4,100 $7,000 $505,400 $65,400 $49,400 $55,000 30,200 17,800 Sales of segments B and C included intersegment sales of $20,400 and $99,000, respectively.
Chapter1: Financial Statements And Business Decisions
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