Pina Company is involved in four separate industries. The following information is available for each of the four industries.Operating SegmentWa.XYZTotal RevenueRevenue test.$57,2469,86024,6756,919$98,700Operating Profit (Loss)$16,9702,570(3,260)Determine which of the operating segments are reportable based on the:W&XReportable Segments1,220$17,500Identifiable Assets$165,76482,88220,00617,148$285,800

Revenue test is based on segment revenue. If revenue from sales to external customers and from…

Answered: Determine which of the operating…

Business

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Determine which of the operating segments are reportable based on the: a. Revenue test. Reportable Segments W&X

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Pina Company is involved in four separate industries. The following information is available for each of the four industries.
Operating Segment
W
a.
X
Y
Z
Total Revenue
Revenue test.
$57,246
9,860
24,675
6,919
$98,700
Operating Profit (Loss)
$16,970
2,570
(3,260)
Determine which of the operating segments are reportable based on the:
W&X
Reportable Segments
1,220
$17,500
Identifiable Assets
$165,764
82,882
20,006
17,148
$285,800

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