Metlock corporation is a diversified company that operates

Question

Question: Metlock Corporation is a diversified company that operates in five different industries: A, B, C, D, and E. The following information relating to each segment is available for 2018.

		A		B			C		D		E
Sales revenue		$39,300		$74,500			$569,900		$35,000		$54,500
Cost of goods sold		18,800		50,400			267,900		19,300		29,900
Operating expenses		10,200		39,900			237,900		12,100		18,000
Total expenses		29,000		90,300			505,800		31,400		47,900
Operating profit (loss)		$10,300		$(15,800)			$64,100		$3,600		$6,600
Identifiable assets		$35,700		$80,500			$502,100		$65,500		$50,800

Metlock Corporation is a diversified company that operates in five different industries: A, B, C, D, and E. The following information relating to each segment is available for 2018.

		A		B			C		D		E
Sales revenue		$39,300		$74,500			$569,900		$35,000		$54,500
Cost of goods sold		18,800		50,400			267,900		19,300		29,900
Operating expenses		10,200		39,900			237,900		12,100		18,000
Total expenses		29,000		90,300			505,800		31,400		47,900
Operating profit (loss)		$10,300		$(15,800)			$64,100		$3,600		$6,600
Identifiable assets		$35,700		$80,500			$502,100		$65,500		$50,800

Sales of segments B and C included intersegment sales of $20,400 and $98,400, respectively.

(a) Determine which of the segments are reportable based on the:

				Reportable Segment
(1)		Revenue test.		ABCDEA and BA and CA and DA, B and CB and CB and EB, D and E
(2)		Operating profit (loss) test.		ABCDEA and BA and CA and DA, B and CB and CB and EB, D and E
(3)		Identifiable assets test.		ABCDEA and BA and CA and DA, B and CB and CB and EB, D and E