This is an advanced accounting question on segments using revenue, profit and loss, and asset tests.

Problems 14-19. Use the below table to answer the questions. Red Sales to outsiders 1811 Intersegment revenues 16 Salary expense Rent expense 614 139 Segment Reporting Practice Exam Segments Blue Green Pink Black 812 514 309 121 91 109 0 16 379 166 402 81 312 92 White 99 302 317 42 62 31 Segment Profit and Loss Segment Assets Segment Liabilities 100 300 600 200 300 500 50 100 200 75 275 220 14. Under the revenue test alone which are the reportable operating segments 15. Under the asset test alone which are the reportable operating segments 16. Under the Profit and Loss test alone which are the reportable operating segments 17. Using all three tests, which are the reportable operating segments. 18. Assume that only Red, Blue and Green are of sufficient size to require separate disclosure. Is Steinitz disclosing enough segments ? 19. What is the amount of revenues from a single customer in one year that will cause it to be a major customer