Business, 05.05.2020 08:42 rhodesnyla01

Data for the seven operating segments of Amalgamated Products follow:
Segments Revenues Segment Profit (Loss) Segment Assets
Electronics $ 42,000 $ (8,600 ) $ 73,000
Bicycles 105,000 30,400 207,000
Sporting Goods 53,000 (4,900 ) 68,000
Home Appliances 147,000 23,000 232,000
Gas and Oil Equipment 186,000 11,700 315,000
Glassware 64,000 (19,100 ) 96,000
Hardware 178,000 38,600 194,000
Total $ 775,000 $ 71,100 $ 1,185,000
Included in the $105,000 revenue of the Bicycles segment are sales of $25,000 made to the Sporting Goods segment. Required:
a. Which segments are separately reportable?
b. Do the separately reportable segments include a sufficient portion of total revenue?

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Data for the seven operating segments of Amalgamated Products follow:
Segments Revenues Segme...

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