Conglomerate Entity (CE) Has Identified Three Segments on December 31

Essay

Conglomerate Entity (CE) has identified three segments on December 31, 20X7. In 20X7, CE had total revenue of $60.4 million, total profit of $10.5 million and total assets of $12 million.
Which of CE's segments are reportable?
$$\begin{array} { | l r r r | } \hline & \begin{array} { c } \text { Segment } \\\text { Revenues }\end{array} & \begin{array} { c } \text { Segment } \\\text { P \&L } \\\text { in millions }\end{array} & \begin{array} { c } \text { Segment } \\\text { Assets }\end{array} \\\hline \text { Segment A } & 42.0 & 6.3 & 12.8 \\\text { Segment B } & 10.4 & 4.5 & 1.2 \\ \text { Segment C } & \underline { 8.0 } & \underline { 0.3 ) } & \underline { 1.0 } \\\text { Total } & \mathbf { 6 0 . 4 } & \mathbf { 1 0 . 5 } & \mathbf { 1 5 . 0 } \\\hline\end{array}$$