Question: I need help in this question. Please do it correctly and 100% and do not make any mistake. 6 For many years, Clark Company operated
I need help in this question. Please do it correctly and 100% and do not make any mistake.


6 For many years, Clark Company operated exclusively in the United States but recently expanded its operations to the Pacific Rim countries of New Zealand, Singapore, and Australia. After a modest beginning in these countries, recent successes have resulted in an Increased level of operations in each country. Operating Information (In thousands of U.S. dollars) for the company's domestic and foreign operations follows: 5 points Australia $ 120 Sales to unaffiliated Interarea sales Operating expenses Long-lived assets United States New Zealand Singapore $ 2,5ee $ 320 $ 6e 1ee 1e 1,820 299 70 2,200 280 140 30 80 eBook Print In addition, common costs of $120.000 are to be allocated to operations on the basis of the ratio of an area's sales to nonaffillates to total company sales to nonaffiliates. Required: a. Determine the profit or loss for each geographic segment. (Do not round Intermediate calculations. Enter your dollar amounts in thousands of dollars. Round your answers to 1 decimal place.) References U.S. New Zealand Singapore Australia Sales to unaffiliated Interarea sales Total revenues Operating expenses Allocated costs Operating profit (loss) 6 c. Determine which, if any, of the three individual forelgn geographic segments is separately reportable using a 10 percent materiality threshold. (Enter your dollar amounts in thousands of dollars. Round your percentage answers to 1 decimal place.) 5 points Geographic Area Sales to Percent of Unaffiliated Consolidated Customers Revenues Separately Reportable Domestic New Zealand Singapore Australia Total eBook Print Reference: Geographic Area Assets Percent of Total Long lived Assets Separately Reportable Domestic New Zealand Singapore Australia Tota
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