Question
Ivanhoe Corporation is a diversified company that operates in five different industries: A, B, C, D, and E. The following information relating to each segment
Ivanhoe Corporation is a diversified company that operates in five different industries: A, B, C, D, and E. The following information relating to each segment is available for 2021. A B C D E Sales revenue.
Sales revenue A, $39,700 B/ $76,050 C/ $69,300 D/ $35,500 E/ $55,700
Cost of goods sold 18,900 49,900 264,800 19,100 30,000
Operating expenses 10,000 40,700. 238,300 11,700 17,800
Total expenses 28,900 90,600 503,100 30,800 47,800
Operating profit (loss) $10,800 $(14,100) $66,100 $4,700 $7,900
Identifiable assets $34,500. $79,200 $494,000 $65,600 $49,600
Sales of segments B and C included intersegment sales of $20,100 and $98,500, respectively.
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