Examine Note 18 to MWW’s financial statements (see page A-63). These questions pertain to MWW’s segment disclosures.

a. Identify the different segments that MWW reports. What were the sales and earnings before interest, taxes, depreciation, and amortization for each seg- ment in fiscal 2001?

b. Are the segment disclosures useful? Explain. Tie your answer to specific users of the financial statements.

c. In fiscal 1999 and 2000, small amounts of inter:group sales are reported. Explain what these amounts might represent and why they are deducted when coming to total sales.