Bayou Information Systems: Year 2020 selected financial data for its seven operating segments Segments Revenues Profit (Loss) Assets Electronics $42,000 ($8,600) $73,000 Bicycles $105,000 $30,400 $207,000 Sporting Goods $53,000 ($4,900) $68,000 Home Appliances $147,000 $23,000 $232,000 Gas and Oil Equipment $186,000 $11,700 $315,000 Glassware $64,000 ($19,100) $96,000 Hardware $178,000 ($38,600) $194,000 How many operating segments are reportable? (consider profit/loss test only)

Answer rating: 100% (QA)

Based on the information provided Bayou Information Systems has 7 operating segments Electronics Bi... View the full answer