E24-3B (Segmented Reporting) Lancers Inc. is involved in five separate industries. The followinginformation is available for each of the five industry segments.

Operating Segment Total Revenue Operating Profit (Loss) Identifiable Assets

A $140,000 $25,000 $240,000

B 40,000 8,000 11,000

C 26,000 (5,000) 36,000

D 190,000 (2,000) 59,000

E 2,000 500 15,000

$398,000 $26,500 $361,000

Instructions

Determine which of the operating segments are reportable based on the:

(a) Revenue test.

(b) Operating profit (loss) test.

(c) Identifiable assets test.