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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.

A

B

C

D

E

Sales revenue $39,200 $73,500 $576,700 $34,400 $55,800
Cost of goods sold 18,700 49,100 273,300 19,400 30,600
Operating expenses 10,000 39,900 239,300 11,900 18,300
Total expenses 28,700 89,000 512,600 31,300 48,900
Operating profit (loss) $10,500 $(15,500) $64,100 $3,100 $6,900
Identifiable assets $35,300 $81,400 $491,100 $65,400 $50,500

Sales of segments B and C included intersegment sales of $19,600 and $99,300, respectively. (a) Determine which of the segments are reportable based on the:

Reportable Segment

(1) Revenue test.

image text in transcribed ABCDEA and BA and CA and DA, B and CB and CB and EB, D and E

(2) Operating profit (loss) test.

image text in transcribed ABCDEA and BA and CA and DA, B and CB and CB and EB, D and E

(3) Identifiable assets test.

image text in transcribed ABCDEA and BA and CA and DA, B and CB and CB and EB, D and E

(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 $

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$

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$

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$

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$

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Intersegment Revenues

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Total Revenues

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$

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Cost of Goods Sold

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Operating Expenses

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Total Expenses

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Operating Profit (Loss) $

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$

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$

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$

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$

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Identifiable Assets $

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$

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$

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$

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$

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