General Motors is organized into four operating segments: cars, SUV's, Truck, Vans and information about them is as follows: 2 Cars Turcks * SUV's * Vans Revenues from Outsiders $40,00,000 $35,00,000 $26,00,000 $9,00,000 Intersegment Transfers $1,00,000 $2,00,000 $0 $50,000 Operating expenses $36,00,000 $40,00,000 $20,00,000 $10,20,000 General Motors incurred additional expenses (of a general nature) of $1,200,000 11 A) What is the profit or loss of each of these segments? 12 B) Perform the profit/loss test to determine which of these segments is separately reportable? Cell Styles U El Format Sort Filter A13 A V 3 Paste BV A 02 Marge Centre % 9 Conditional Format Formatting as Table Xfx B) Perform the profit/loss test to determine which of these segments is separately reportable? F 1 General Motors is organized into four operating segments: cars, SUV's, Truck, Vans and information about them is as follows: 2 Revenues from Outsiders Intersegment Transfers Operating expenses Cars $40,00,000 $1,00,000 $36,00,000 5 Turcks $35,00,000 $2,00,000 $40,00,000 6 SUV's $26,00,000 $0 $20,00,000 7 Vans $9,00,000 $50,000 $10,20,000 8 General Motors incurred additional expenses of a general nature) of $1,200,000 10 11 A) What is the profit or loss of each of these segments? 1 B) Perform the profit/loss test to determine which of these segments is separately reportable? 14 15 TE 19 20 21 22 23 26 25 26