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Question(s) / Instruction(s):



(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.


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