Question: Question 2 Splish Inc. is involved in five separate industries. The following information is available for each of the five industry segments. Operating Segment Total

Question 2

Splish Inc. is involved in five separate industries. The following information is available for each of the five industry segments.

Operating Segment

Total Revenue

Operating Profit (Loss)

Identifiable Assets

A

$139,140

$24,980

$239,930

B

40,020

8,040

11,090

C

25,910

(5,010

)

35,910

D

189,620

(2,020

)

58,750

E

2,020

480

14,970

$396,710

$26,470

$360,650

(a) Determine which of the operating segments are reportable based on the revenue test.

(b) Determine which of the operating segments are reportable based on the operating profit (loss) test.

(c) Determine which of the operating segments are reportable based on the identifiable assets test.

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