Carlton Company is involved in four separate industries. The following informati
ID: 2491851 • Letter: C
Question
Carlton Company is involved in four separate industries. The following information is available for each of the four industries.
Operating Segment
Total Revenue
Operating Profit (Loss)
Identifiable Assets
Determine which of the operating segments are reportable based on the:
Reportable Segments
For a, b, and c choose one of the answers shown (W, X, Y, Z)
Show your work please!
I know the answer to (a) is W&Y and (c) is W & X. For (b) I put W&Y and it was wrong. Can you figure out the right answer for (b) (W&Y is not the correct answer).
Operating Segment
Total Revenue
Operating Profit (Loss)
Identifiable Assets
W $77,604 $16,209 $166,692 X 12,042 1,504 83,346 Y 33,450 (2,173) 20,118 Z 10,704 1,170 17,244 $133,800 $16,710 $287,400Explanation / Answer
Ans;
Revenue test = W & Y
Operating profit/(loss) test = W & Y
Identifiable assets = W & X