Chevalier Company has identified five industry segments: plastics, metals, lumber, paper, and finance.

$7\mathrm{.}5$ It appropriately consolidated each of these segments in producing its annual financial statements. Information describing each

points segment $($in thousands$)$ follows:

Chevalier does not allocate its $$1,430,000$ in common expenses to the various segments.

Required:

a$1.$ Perform revenue test procedure to determine Chevalier's reportable operating segments.

a$2.$ Perform profit or loss test procedure to determine Chevalier's reportable operating segments.

a$3.$ Perform asset test procedure to determine Chevalier's reportable operating segments.

Complete this question by entering your answers in the tabs below.

Chevalier Company has identified five industry segments: plastics, metals, lumber, paper, and finance.

$7\mathrm{.}5$ It appropriately consolidated each of these segments in producing its annual financial statements. Information describing each

points segment $($in thousands$)$ follows:

Chevalier does not allocate its $$1,430,000$ in common expenses to the various segments.

Required:

a$1.$ Perform revenue test procedure to determine Chevalier's reportable operating segments.

a$2.$ Perform profit or loss test procedure to determine Chevalier's reportable operating segments.

a$3.$ Perform asset test procedure to determine Chevalier's reportable operating segments.

Complete this question by entering your answers in the tabs below.

Perform profit or loss test procedure to determine Chevalier's reportable operating segments.

Note: Enter your answers in thousands of dollars.

$1$

Chevalier Company has identified five industry segments: plastics, metals, lumber, paper, and finance.

points

It appropriately consolidated each of these segments in producing its annual financial statements. Information describing each

segment $($in thousands$)$ follows:

Chevalier does not allocate its $$1,430,000$ in common expenses to the various segments.

Required:

a$1.$ Perform revenue test procedure to determine Chevalier's reportable operating segments.

a$2.$ Perform profit or loss test procedure to determine Chevalier's reportable operating segments.

a$3.$ Perform asset test procedure to determine Chevalier's reportable operating segments.

Complete this question by entering your answers in the tabs below.

Revent Test

Perform revenue test procedure to determine Chevalier's reportable operating segments.

Note: Round your percentage answers to $1$ decimal place. Enter your answers in thousands of dollars.