(Answered) Sheridan company is involved in four separate industries

Accounting

Sheridan Company is involved in four separate industries. The following information is available for each of the four industries.

Operating Segment	Total Revenue	Operating Profit (Loss)	Identifiable Assets
W	$56,608	$18,130	$154,918
X	9,750	2,680	77,459
Y	24,400	(3,410)		18,697
Z	6,842	1,300		16,026
$97,600	$18,700		$267,100

Determine which of the operating segments are reportable based on the

(a) Revenue test.

(b) Operating profit (loss) test.

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