Exercise 24-3

Marin Company is involved in four separate industries. The following information is available for each of the four industries.

Operating Segment

Total Revenue

Operating Profit (Loss)

Identifiable Assets

W$56,202$16,000$172,434X9,6802,48086,217Y24,225(3,130)20,811Z6,7931,15017,838$96,900$16,500$297,300

Determine which of the operating segments are reportable based on the:

Reportable Segments

(a)Revenue test.

W

X

Y

Z

W & X

W & Y

W & Z

X & Y

X & Z

Y & Z

W, X & Y

(b)Operating profit (loss) test.

W

X

Y

Z

W & X

W & Z

X & Y

X & Z

Y & Z

W, X & Y

(c)Identifiable assets test.

W

X

Y

Z

W & X

W & Y

W & Z

X & Y

X & Z

Y & Z

W, X & Y