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Bramble Corporation is a diversified company that operates in five different industries: A, B, C, D, and E. The following information relating to each segment
Bramble 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 2018. $575,600 $34,900 $55,000 29,900 18,300 48,200 Operating profit (loss) $10,600 $(14,400) $69,400 $3,800 $6,800 $490,300 $65,700 $49,700 Sales revenue Cost of goods sold Operating expenses $40,100 $74,500 49,200 39,700 88,900 270,300 235,900 506,200 30 19,400 10,100 29,500 19,100 12,000 31,100 Total expenses Identifiable assets $35,600 $79,000 Sales of segments B and C included intersegment sales of $20,300 and $101,700, respectively (a) Determine which of the segments are reportable based on the: Reportable Segment (1) Revenue test (2) Operating profit (loss) test. (3) Identifiable assets test. (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).) Totals other External Revenues Intersegment Revenues Total Revenues Cost of Goods Sold Operating Expenses Total Expenses Operating Profit (Loss) Identifiable Assets Sales of segments B and C included intersegment sales of (a) Determine which of the segments are reportable base Reportable Segment (1) Revenue test. (2) Operating profit (loss) test. (3) Identifiable assets test. (b) Prepare the necessary disclosu y GAAP( -45 or parentheses e.g. (45) A and B A and C A, B and c B and C B and E ,D and E External Revenues Intersegment Revenues
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