Twodor Company is involved in four separate industries. Selected financial information concerning Twodors involvement in each of

Twodor Company is involved in four separate industries. Selected financial information concerning Twodor’s involvement in each of the four industries is presented below:

Required:
Using all tests, determine which of the industry segments are reportable segments and explain how nonreportable segments (if any) should bereported.

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Industry Segment Total Sales to nonaffiliates Intersegment sales Total revenue Operating profit (loss) Identifiable assets 80,000 130,000 210,000 (17,400) 222,000 $20,000 84,000 104,000 12,000 110,500 %24,000 12,000 36,000 1,500 28,000 $12,200 136,200 229,800 366,000 (600)(4,500) 386,500 8,800 16,000 26,000