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Pearl Corporation is a diversified company that operates in five different industries: A, B, C, D, and E. The following information relating to each segment
Pearl 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. Bc _ _ D _ E Sales $39,400 $73,500 $584,300 $34,500 $54,800 revenue Cost of 18,800 50,800 274,100 19,100 29,700 goods sold Operating 9,900 40,700 232,800 12,000 18,400 expenses Total 28,700 91,500 506,900 31,100 48,100 expenses Operating profit $10,700 $(18,000) $77,400 $3,400 $6,700 (loss) Identifiable $35,700 $80,400 $504,600 $65,600 $50,000 assets Sales of segments B and C included intersegment sales of $20,100 and $101,900, respectively. Your answer is correct. Determine which of the segments are reportable based on the: Reportable Segment (1) Revenue test. (2) Operating profit (loss) test. A, B and Co (3) Identifiable assets test. B and C 4 SHOW SOLUTION LINK TO TEXT Your answer is partially correct. Try again. Prepare the necessary disclosures required by GAAP. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Other Totals 504600 External Revenues 39400 $ 50800 Intersegment Revenues Total Revenues Cost of Goods Sold Operating Expenses Total Expenses Operating Profit (Loss) Identifiable Assets Click if you would like to Show Work for this question: Open Show Work
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