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Business, 12.08.2019 17:20 asco0317p34v1s

For many years, clark company operated exclusively in the united states but recently expanded its operations to the pacific rim countries of new zealand, singapore, and australia. after a modest beginning in these countries, recent successes have resulted in an increased level of operations in each country. operating information (in thousands of u. s. dollars) for the company’s domestic and foreign operations follows: united states new zealand singapore australia sales to unaffiliated $ 2,500 $ 320 $ 60 $ 120 interarea sales 100 10 operating expenses 1,820 290 70 30 long-lived assets 2,200 280 140 80 in addition, common costs of $120,000 are to be allocated to operations on the basis of the ratio of an area’s sales to nonaffiliates to total company sales to nonaffiliates. required: a. determine the profit or loss for each geographic segment. (do not round intermediate calculations. enter your dollar amounts in thousands of dollars. round your answers to 1 decimal place.)

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