Kaplan University Bramble Corporation Financial Reporting Paper Bramble 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.Just answer Other and Totals empty box.show the solution in word document Bramble 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
с
D
E
Sales revenue
Cost of goods sold
Operating expenses
$40,300
19,100
9,800
28,900
$11,400
$73,800
50,100
39,800
89,900
$(16,100)
$578,100
270,800
234,600
505,400
$72,700
$35,600
19,200
12,000
31,200
$55,000
29,500
18,000
47,500
$7,500
$50,000
Total expenses
Operating profit (loss)
$4,400
Identifiable assets
$34,600
$79,100
$506,900
$63,800
Sales of segments B and C included intersegment sales of $20,100 and $99,800, respectively.
(a) Determine which of the segments are reportable based on the:
Reportable Segment
(1) Revenue test.
с
(2) Operating profit (loss) test.
A, B and CA
(3) Identifiable assets test.
B and C
(b) Prepare the necessary disclosures required by GAAP. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
A
B
с
Other
Totals
External Revenues
40,300
53,700
478,300
$
$
$
Intersegment Revenues
20,100
99,800
119,900
Total Revenues
40,300
73,800
578,100
$
Cost of Goods Sold
19,100
50,100
270,800
Operating Expenses
9,800
39,800
234,600
Total Expenses
28,900
89,900
505,400
Operating Profit (Loss)
11,400
(16,100)
72,700
$
$
$
$
$
Identifiable Assets
34,600
79,100
506,900
$
$
$
$
$
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