Badger Corporation has prepared the following data, in thousands of dollars, for its industry segments for the year ended December 31, 20X4:

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a. Apply the three 10 percent significance tests to determine which of the segments are separately reportable. The chief operating decision maker includes both external and internal financing information for the financing segment but does not include any financing information for the nonfinancing segments. Operating profit or loss is defined pretax.

b. Use the comprehensive disclosure tests to determine if the separately reportable segments comprise sufficient disclosure of Badger Corporation's operating segments.

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Textiles Paper Goods Finance General Corporate Revenues: Sales: Unaffiliated Intersegment Interest revenue: $ 800 50 $ 400 10 From external $ 60 From intersegment 10 88 40 Income from equity investments $ 30 Total revenue $ 860 $ 410 $ 100 $ 30 Expenses: Cost of sales Depreciation Other directly traceable costs Allocated common costs Interest expense: To external To intersegment Income tax (benefit) $ 400 $ 180 30 10 $ 10 $ 10 100 80 40 40 40 30 10 20 5 30 10 20 100 $ 165 $ 40 5 (20) $ 5 $(30) 22 298 Net income Asset data: Operating assets $3,000 $2,000 $ 100 $ 50 120 Investments Loans to external parties 500 Intersegment loans 100 400 Total assets $3,100 $2,000 $1.000 $170