The CEO of Mannix, Inc., evaluates financial statement information for five distinct operating segments: Appliances, Heathcare, Transportation, Financial services, and Other stuff. Operating profit for each segment follows:
(in millions) |
Operating Profit |
Appliances |
$ 357 |
Healthcare |
233 |
Transportation |
(57) |
Financial services |
46 |
Other stuff |
(124) |
Total |
$ 455 |
Required:
Explain which of Mannix’s operating segments would be considered reportable segments.