07 PM Sun Mar 12 education.wiley.com Week 9 Chapter 24 Problems (Graded) (Due Sunday) uestion 2 of 3 5/10 E rrent Attempt in Progress Sweet 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 2021. A B D E Sales revenue $39,300 $74,500 $569.900 $35,000 $54.500 Cost of goods sold 18,800 50,400 267,900 19,300 29.900 Operating expenses 10,200 39,900 237.900 12.100 18.000 Total expenses 29,000 90,300 505,800 31,400 47,900 Operating profit (loss) $10,300 $(15,800) $64,100 $3,600 $6,600 Identifiable assets $35.700 $80,500 $502,100 $65.500 $50,800 Sales of segments B and C included intersegment sales of $20,400 and $98,400, respectively. (a) Your answer is correct. Determine which of the segments are reportable based on the: Reportable Segment (1) Revenue test C (2) Operating profit (loss) test. AB and C O (3) Identifiable assets test. Band Co eTextbook and Media 45% F (b) Prepare the necessary disclosures required by GAAP. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) External Revenues Intersegment Revenues Total Revenues Cost of Goods Sold Operating Expenses Total Expenses Operating Profit (Loss) Identifiable Assets eTextbook and Media Save for Later A $ B Attempts: 0 of 3 used Submit Answer C