Pastel company operates in the following lines of business which management believes have distinguishable return and risk characteristics: revenues assets food 500 2,000 beverages 1,300 6,000 entertainment 2,500 10,000 lodging 5,000 20,000 services 22,000 28,000 international 700 3,000 totals 32,000 69,000 for which of these lines is pastel required to report segment data? a) entertainment, lodging, and services. b) international only. c) services and international.

Lipman auto parts, a family-owned auto parts store, began january with $10,300.00 in cash. management forecasts that collections from credit customers will be $11,400.00 in january and $14,800.00 in february. the store is scheduled to receive $5,000.00 in cash on a business note receivable in january. projected cash payments include inventory purchases ($13,000.00 in january and $13,600.00 in february) and operating expenses ($2,700.00 each month). lipman auto parts' bank requires a $10,000.00 minimum balance in the store's checking account. at the end of any month when the account balance dips below $10,000.00, the bank automatically extends credit to the store in multiples of $1,000.00. lipman auto parts borrows as little as possible and pays back loans in quarterly installments of $2,000.00, plus 4 percent interest on the entire unpaid principal. the first payment occurs three months after the loan.