Segmented Reporting Cineplex Corporation is a diversified company that operates in five different industries: A, B, C, D, and E. The following information relating to each segment is available for 2011. Sales of segments B and C included intersegment sales of $20,000 and $100,000, respectively.

(a) Determine which of the segments are reportable based on the:

(1) Revenue test.

(2) Operating profit (loss) test.

(3) Identifiable assets test.

(b) Prepare the necessary disclosures required by GAAP.

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D. $ 75,000 $40,000 19,000 10,000 $580,000 270,000 235,000 505,000 $ 75,000 $35,000 19,000 12,000 $55,000 30,000 18,000 48,000 Sales Cost of goods sold Operating expenses Total expenses Operating profit (loss) Identifiable assets 5 40,000 29,000 90,000 31,000 $11,000 $(15,000) $ 4,000 $ 7,000 $500,000 $35,000 $ 80,000 $65,000 $50,000