The CEO of Mannix, Inc., evaluates financial statement information for

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.

 

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