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3. Mason Company has prepared consolidated financial statements for the current year and is now gathering information in connection with the following five operating segments

3. Mason Company has prepared consolidated financial statements for the current year and is now gathering information in connection with the following five operating segments it has identified.

Company Total

Books

Computers

Maps

Travel

Finance

Sales to outside parties

$

1,774

$

203

$

769

$

452

$

350

$

0

Intersegment sales

589

48

300

63

178

0

Interest incomeexternal

145

84

0

0

0

61

Interest incomeintersegment loans

171

0

0

0

0

171

Assets

3,795

266

1,498

308

363

1,360

Operating expenses

1,579

139

878

291

214

57

Expensesintersegment sales

284

94

75

45

70

0

Interest expenseexternal

131

0

0

0

0

131

Interest expenseintersegment loans

243

45

95

62

41

0

Income tax expense (savings)

165

72

(17

)

87

91

(68

)

General corporate expenses

115

Unallocated operating costs

140

Determine the reportable segments by performing each applicable test. (Figures are in thousands.)

a. Revenue test:

b. Profit or loss test:

c. Asset test:

Revenue Test

Determine the reportable segments by performing revenue test. (Round your percentage answers to 1 decimal place. Enter your answers in thousands of dollars.)

Segment

Revenues

Percentage

Reported or Not Reported

Books

?

?%

?

Computers

?

?%

?

Maps

?

?%

?

Travel

?

?%

?

Finance

?

?%

?

Total

?

?%

?

Profit or Loss Test

Determine the reportable segments by performing profit or loss test. (Enter your answers in thousands of dollars.)

Segment

Revenues

Expenses

Profit

Loss

Reported or Not Reported

Books

?

?

?

?

?

Computers

?

?

?

?

?

Maps

?

?

?

?

?

Travel

?

?

?

?

?

Finance

?

?

?

?

?

Total

Asset Test

Determine the reportable segments by performing asset test. (Round your percentage answers to 1 decimal place. Enter your answers in thousands of dollars.)

Segment

Assets

Percentage

Reported or Not Reported

Books

?

?%

?

Computers

?

?%

?

Maps

?

?%

?

Travel

?

?%

?

Finance

?

?%

?

Total

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