Dean Hardware, Inc. is comprised of five operating segments. Information about each of these segments is as follows (in thousands): Which operating segments are reportable under the profit or loss test?
A) Rakes, Pails, and Shovels.
B) Rakes, Pails, Shovels, and Hardware.
C) Rakes, Pails, and Hardware.
D) Rakes, Pails, Shovels, Hardware, and Accessories.
E) Pails and Hardware.

Question

Dean Hardware, Inc. is comprised of five operating segments. Information about each of these segments is as follows (in thousands):  Which operating segments are reportable under the profit or loss test?
A) Rakes, Pails, and Shovels. 
B) Rakes, Pails, Shovels, and Hardware. 
C) Rakes, Pails, and Hardware. 
D) Rakes, Pails, Shovels, Hardware, and Accessories. 
E) Pails and Hardware.

Quizplus · Accepted Answer

Rakes' Loss is Excluded from Total Profitable Segments Calculation.