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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.

A

B

C

D

E

Sales revenue $40,300 $73,800 $578,100 $35,600 $55,000
Cost of goods sold 19,100 50,100 270,800 19,200 29,500
Operating expenses 9,800 39,800 234,600 12,000 18,000
Total expenses 28,900 89,900 505,400 31,200 47,500
Operating profit (loss) $11,400 $(16,100) $72,700 $4,400 $7,500
Identifiable assets $34,600 $79,100 $506,900 $63,800 $50,000

Sales of segments B and C included intersegment sales of $20,100 and $99,800, respectively.

(a)

Determine which of the segments are reportable based on the:

Reportable Segment

(1) Revenue test. ABCDEA and BA and CA and DA, B and CB and CB and EB, D and E
(2) Operating profit (loss) test. ABCDEA and BA and CA and DA, B and CB and CB and EB, D and E
(3) Identifiable assets test. ABCDEA and BA and CA and DA, B and CB and CB and EB, D and E

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(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).)

A

B

C

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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