Cutter Hardware operates a chain of hardware stores, mainly in the eastern United States. Since going public, the company is considering expanding to the
western areas. In completing its first 10-K report, Cutter considers the lines of business that are reviewed each month by the CEO and CFO. Which of these
segments are reportable and what should the disclosure should look like?
Line of business		Total revenue	Operating Profit or (loss)	Identifiable assets
Lumber		48,000,000	10,500,000	66,800,000
Bathroom		18,400,000	1,200,000	58,000,000
Kitchen		8,800,000	(840,000)	30,800,000
Lighting		8,000,000	1,800,000	20,800,000
Garden		7,500,000	220,000	17,550,000
Seasonal		7,200,000	(420,000)	18,000,000
Total		97,900,000	12,460,000	211,950,000