TI Operating Segment Total Revenue Operating Profit (Loss) Identifiable Assets W $ 60,000 $15,000 $167,000 10,000 23,000 9,000 3,000 (2,000) 1,000 83,000 21,000 19,000 Y Z $102,000 $17,000 $290,000
TI Operating Segment Total Revenue Operating Profit (Loss) Identifiable Assets W $ 60,000 $15,000 $167,000 10,000 23,000 9,000 3,000 (2,000) 1,000 83,000 21,000 19,000 Y Z $102,000 $17,000 $290,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
(Segmented Reporting) Carlton Company is involved in four separate industries. The following information is available for each of the four industries.
Check the below image for information.
Instructions
Determine which of the operating segments are reportable based on the:
(a) Revenue test.
(b) Operating
(c) Identifiable assets test.
Transcribed Image Text:TI
Operating Segment
Total Revenue
Operating Profit (Loss)
Identifiable Assets
W
$ 60,000
$15,000
$167,000
10,000
23,000
9,000
3,000
(2,000)
1,000
83,000
21,000
19,000
Y
Z
$102,000
$17,000
$290,000
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