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Total A D Significance Tests LO 4 Twodor Company is involved in four separate industries. Selected financial information concerning Twodor's involvement in each of the four industries is presented below: Sales to nonaffiliates $80,000 $20,000 $24,000 $12,200 $ 136,200 229,800 Intersegment sales 130,000 84,000 12,000 3,800 Total revnue 210,000 104,000 36,000 16,000 366,000 Operating profit (loss) Identifiable assets (17,400) (600) 26,000 (4,500) 12,000 1,500 Industry Segment 222,000 110,500 28,000 386,500 D. Total S 80.000 Sales to nonaffiliates $12,200 $20,000 $24,000 $136,200 Identify Reportable assets using all tests. Intersegment sales 84,000 229,800 130.000 12,000 3,800 Total revenue 210,000 104,000 36,000 16,000 366,000 Total in abs 10% Threshhold Profit test A (17,400) (4,500) Operating profit (loss) 12,000 1,500 (600) Operating profit (loss) profit segment abs(loss) segment Identifiable assets 28,000 26,000 222.000 110,500 386,500 Required: Using all tests, determine which of the industry segments are reportable segments and explain how nonreportable segments (if any) should be reported. Relative % total Revenue test Total in abs 10% Threshhold Total revnue Relative % total Asset test Total in abs 10% Threshhold Identifiable assets Relative % total

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