Determine which of the operating segments

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Sheridan 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 $56,608 $18,130 $154,918
X 9,750 2,680 77,459
Y 24,400 (3,410) 18,697
Z 6,842 1,300   16,026
$97,600 $18,700   $267,100

Determine which of the operating segments are reportable based on the

(a) Revenue test.

(b) Operating profit (loss) test.

(c) Identifiable assets test.

Reference no: EM131757998

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