Osprin Corporation Has Three Operating Segments,as Summarized Below

question 50

Essay

Osprin Corporation has three operating segments,as summarized below:
Required:
1.Using the revenue test,what is the minimum amount of revenue of a reportable segment?
2.Using the operating profit or loss test,what is the minimum amount of operating profit or loss of a reportable segment?
3.Using the asset test,what is the minimum amount of assets of a reportable segment?
4.Based on the three tests,which segments will be separately reported?

---

Definitions:

Hearing

The sensory perception of sound by an organism, facilitated primarily by the ears.

Sight

The ability to see; the visual perception of the environment.

Touch

A sensation perceived by the skin, allowing individuals to experience pressure, temperature, and pain.

Taste

Taste refers to the capability to perceive flavors through the sensory organs in the mouth, such as the taste buds.