Cineplex Corp is a diversified company that operates in fi

Cineplex Corp 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 2015. A B C D E Sales Revenue $57600 $74500 $587000 $35700 $53500 COGS $19700 $54200 $277400 $19700 $31700 Operating expenses $10080 $57600 $239200 $12280 $18140 Total expenses $29780 $111800 $516600 $31980 $49840 Operating profit (loss) $27820 ($37300) $70400 $3720 $3660 Identifiable assets $42800 $85100 $507600 $73400 $54200 Sales of segments B and C included intersegment sales of $21400 and $101900 respectively. A) Determine which of the segments are reportable based on the: (1) Revenue Test. (2) Operating profit (loss) test (3) Identifiable assets test. B) Prepare the necessary disclosures required by GAAP For part B at the top should read A B C Other Total. the First column should read External Revenues Intersegment Revenues Total Revenues Cost of goods sold operating expenses total expenses operating profit (loss) and Identifiable assets.

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