The Latin Company Is Made Up of Five Operating Segments

question 77

Essay

The Latin Company is made up of five operating segments.Information concerning these segments for 2010 is shown below:
$\begin{array}{lccccc}& \underline{\text {A}}& \underline{\text {B}}& \underline{\text {C}}& \underline{\text {D}}& \underline{\text {E}}\\\text { Sales } & \$ 127,000 & \$ 16,000 & \$ 24,000 & \$ 19,000 & \$ 15,000 \\\text { Operating expenses } & 88,000 & 15,800 & 14,900 & 12,200 & 13,100 \\\text { Segment as sets } & 125,000 & 25,000 & 60,000 & 25,000 & 20,000\end{array}$ Included in Latin's operating expenses are general corporate expenses of $16, 000.
Required:
Based on the provisions of current GAAP, prepare a schedule that reflects required disclosures about operating segments from the above information for Latin Company exclusive of any footnotes.

Describe the economic and social consequences of tobacco cultivation in seventeenth-century Virginia.

Identify key figures and events that influenced the Jamestown colony's survival and relationships with Native Americans.

Recognize the foundational principles and unique characteristics of Maryland's establishment.

Understand the differences in societal organization between New England and the Chesapeake region during the seventeenth century.

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Definitions:

Steamboat

A boat powered by steam engines, significant in the 19th century for transforming transportation, commerce, and navigation on rivers and lakes.

Clermont

The name of the first successful steamboat, developed by Robert Fulton in 1807, which significantly advanced riverine transportation.

Memphis Belle

A famous American B-17 bomber that successfully completed 25 missions over Europe during World War II.

Railroad Tracks

Parallel steel rails on which trains run, forming the fundamental infrastructure for railway transportation.