Question
Stetson Industries is a manufacturer of affordable menswear.The company manages its business primarily on a geographic basis.There are differences in the methods used to distribute
Stetson Industries is a manufacturer of affordable menswear.The company manages its business primarily on a geographic basis.There are differences in the methods used to distribute products between the segments.Selected information about Stetson's segments is included below:
Operating segment
Revenues
Pretax operating profit (loss)
Identifiable assets
Pacific Coast
$200,000
$18,000
$1,800,000
Atlantic Coast
36,000
4,000
550,000
Southwest
95,000
12,000
1,425,000
Midwest
52,000
3,000
400,000
Southeast
180,000
12,000
1,750,000
Northeast
25,000
(8,000)
250,000
Totals
$588,000
$41,000
$6,175,000
What is the combined total of reportable operating segment revenue in Stetson Industries' Form 10-K?
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