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Superior Corporation's internal divisions are based on industry. The revenues, operating profits, and assets of the operating segments of Superior are presented in thousands of dollars as follows:

Sales to Non affiliates

Inter- segment

Sales Total

Sales Operating

Profit (Loss)

Assets

Food service industry

$300,000

$40,000

$340,000

$ 40,000

$200,000

Copper mine

80,000

-

80,000

(10,000)

60,000

Information systems

20,000

15,000

35,000

5,000

40,000

Chemical industry

130,000

20,000

150,000

30,500

217,000

Agricultural products

48,000

-

48,000

(15,500)

50,000

Pharmaceutical products

20,000

-

20,000

8,000

18,000

Foreign operations

15,000

-

15,000

5,000

20,000

Corporate assets*

33,000

$613,000

$75,000

$688,000

$63,000

$638,000

*Corporate assets include equity investees of $10,000 and general assets of $23,000.

REQUIRED:  Determine the reportable segments of Superior Corporation.

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M91630686

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