EXERCISE 14-3 Significance Tests

Twodor Company is involved in four separate industries. Selected financial information concerning Twodors involvement in each of the four industries is presented below:

	Industry Segment
	A	B	C	D	Total
Sales to nonaffiliates	$ 80,000	$20,000	$24,000	$12,200	$136,200
Intersegment sales	130,000	84,000	12,000	3,800	229,800
Total revenue	210,000	104,000	36,000	16,000	366,000
Operating profit (loss)	(17,400)	12,000	1,500	(600)	(4,500)
Identifiable assets	222,000	110,500	28,000	26,000	386,500

Required:

Using all tests, determine which of the industry segments are reportable segments and explain how nonreportable segments (if any) should be reported.