U.S. advertisements contain more ________ information, and are more likely to include comparative appeals than Arabic ads

The board of directors is responsible for managing day-to-day operations and carrying out the policies established by the chief executive officer

Indicate whether the statement is true or false

Osprin Corporation has three operating segments, as summarized below:

Capsule Pill Liquid Total Sales to retailers 25,000 35,000 5,000 65,000 Intersegment sales 4,000 10,000 2,000 16,000 Operating Expenses 10,000 18,000 5,000 33,000 Interest Expense 2,000 3,000 1,000 6,000 Income Tax Expense 4,000 6,000 1,000 11,000 Assets 12,000 3,000 16,000 31,000 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?