The following data for 2011 relate to Hay Industries, a worldwide conglomerate:

REQUIRED: Answer the following questions related to Hay's required segment disclosures and show computations:1. Which segments are reportable segments under(a) The revenue test,(b) The operating-profit test, and(c) The asset test?2. Do additional reportable segments have to be identified ?

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Sales to Unaffiliated Intersegment Sales Operating Profit (Loss) Assets Customers $45,000 $300,000 110,000 $ 50,000 $310,000 Food Chemical (8,000) 9,000 18,000 Textiles 60,000 40,000 5,000 48,000 62,000 Furniture Beverage Oil Segment 10,000 60,000 (2,000) 85,000 (7,000) $78,000 25.000 645,000 600,000 105,000 Corporate Consolidated $660,000 $600,000