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Bonita Corporation is a diversified company that operates in five different industries: A, B, C, D, and E. The following information relating to each segment
Bonita 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. Sales revenue Cost of goods sold Operating expenses Total expenses Operating profit (loss) Identifiable assets $40,400 19,200 9,800 29,000 $11,400 $75,400 50,500 39,800 90,300 $(14,900) $80,000 $573,700 273,600 230,700 504,300 $69,400 $501,100 $34,800 19,400 11,800 31,200 $3,600 $64,700 $54,100 30,500 17,900 48,400 $5,700 $50,400 Sales of segments B and C included intersegment sales of $20,000 and $101,000, respectively. Your answer is correct. Determine which of the segments are reportable based on the: Reportable Segment (1) Revenue test. TC (2) Operating profit (loss) test. Operau TA, B and C 2 (3) Identifiable assets test. TB and C - * Your answer is incorrect. Try again. 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).) Other Totals External Revenues Intersegment Revenues Total Revenues Cost of Goods Sold Operating Expenses Total Expenses Operating Profit (Loss) Identifiable Assets
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