Response to the following question:
Cheyenne 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
|
| W |
|
$63,800 |
|
$16,780 |
|
$160,370 |
| X |
|
10,990 |
|
2,550 |
|
80,185 |
| Y |
|
27,500 |
|
(3,240) |
|
19,355 |
| Z |
|
7,710 |
|
1,210 |
|
16,590 |
|
|
$110,000 |
|
$17,300 |
|
$276,500 |
Determine which of the operating segments are reportable based on the: Reportable Segments
(a) Revenue test.
(b) Operating profit (loss) test.
(c) Identifiable assets test.