FRANSISCA IRKANIA PRIMADONA – 43218120093

QUIZ TM 6 AKL

1. Reportable Segment :

Revenue test

Identified Segment Revenues Test Value Reportable Segment

Food $17.000 ≥ $7.400 yes

Tobacco 17.000 ≥ 7.400 yes

Lumber 7.000 < 7.400 no

Textiles 26.000 ≥ 7.400 yes

Furniture 7.000 < 7.400 no

Operating profit test

Before tax Profit Operating Loss Test Value Reportable Segment

Food $2.000 ≥ $1.050 yes

Tobacco 4.000 ≥ 1.050 yes

Luber $(500) < 1.050 no

Textiles 3.000 ≥ 1.050 yes

Furniture 1.500 ≥ 1.050 yes

Total 10.500 (500)

Asset test

Identifiable Assets Test value Reportable Segment

Food $19.000 ≥ $7.500 yes

Tobacco 21.000 ≥ 7.500 yes

Lumber 6.000 < 7.500 no

Textiles 22.000 ≥ 7.500 yes

Furniture 7.000 < 7.500 no

Total 75.000
 2. Schedule for appropriate disclosure

Rad Company

Schedule of Operation in Different Segment

For the year ended December 31, 2017

Food Tobacco Textiles Furniture Other Total

Revenues

Sales to unaffiliated

customers $12.000 $10.000 $18.000 $7.000 $7.000 $54.000

Sales to affiliated

customers 5.000 7.000 8.000 20.000

Segment Revenue 17.000 17.000 26.000 7.000 7.000 74.000

Operating profit

Segment operating

profit 4.000 4.000 5.000 1.500 (500) 14.000

Assets

Identifiable assets 18.000 19.000 22.000 7.000 6.000 72.000

Depreciation 1.000 2.000 3.000 500 2.500 9.000

Reconciliation of revenue:

Revenue from reportable segments $ 67,000

Revenue from equity investees 9,000

Other revenue 7,000

Intersegment eliminations (20,000)

Consolidated revenue 63,000

Reconciliation of income:

Reportable segment income $ 14,500

Income from equity investees 9,000

Other income (500)

Interest expense (7,000)

Consolidated income before taxes 16,000

Reconciliation of assets:

Reportable segment assets $ 66,000

Other segment assets 6,000

Investment in equity affiliates 60,000

Corporate assets 4,000

Consolidated assets 136,000