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General Motors is organized into four operating segments: cars, SUV's, Truck, Vans and information about them is as follows: General Motors is organized into four
General Motors is organized into four operating segments: cars, SUV's, Truck, Vans and information about them is as follows:
General Motors is organized into four operating segments: cars, SUV's, Truck, Vans and information about them is as follows: Revenues from Outsiders Cars Turcks $4,000,000 $3,500,000 $2,600,000 $900,000 Intersegment Transfers $100,000 $200,000 $0 $50,000 Operating expenses $3,600,000 $4,000,000 $2,000,000 $1,020,000 SUV's Vans General Motors incurred additional expenses (of a general nature) of $1,200,000 A) What is the profit or loss of each of these segments? B) Perform the profit/loss test to determine which of these segments is separately reportable
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