CHAPTER 13, 5

PLEASE READ: please answer the FULL question, please TYPE your answer, please LABEL your answer.

Multiplex Inc., a public company whose stock is traded on a national stock exchange, reported the following information on its consolidated financial statements for 20X5: From the consolidated income state ment: Sales revenues Rental revenues Income before income taxes Income taxes $591,000,000 49,000,000 34,000,000 22,000,000 From the consolidated balance sheet: Total assets $571,000,000 Multiplex management determined that it had the following operating segments during 20X5: (1) car rental, (2) aerospace, (3) communications, (4) health and fitness products, and (5) heavy equipment manufacturing. The company assembled the following information for these industry segments for 20X5 (dollar amounts stated in millions) Health Car RentalAerospaceCommunications FitnessEquipment Heavy Item Sales Rentals Interseqment sales Cost of goods sold Selling expenses 0ther traceable expenses Allocation of common costs Assets Other information: $226 $ 60 $ 50 $270 34 139 62 10 35 179 57 30 18 25 30 13 40 127 90 100 215 Depreciation expense (included above) 35 50 45 60 Capital expenditures 35