Merriweather Company, a publicly-held firm, is completing its 10-K report for fiscal 2020. Merriweather considers that it is involved in five separate lines of business.
The following information is available, from which Merriweather must determine which segments are reportable and what that disclosure should look like.
(Please answer what that disclosure should look like, thanks!)
Line of business		Total revenue	Operating Profit or (loss)	Identifiable assets
Children's wear		120,000,000	30,000,000	167,000,000
Women's wear		20,000,000	3,000,000	52,000,000
Men's wear		46,000,000	2,000,000	145,000,000
Outerwear		18,000,000	(1,050,000)	45,000,000
Foot wear		22,000,000	(9,600,000)	140,000,000
Total		226,000,000	24,350,000	549,000,000