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Ecru Company has identified five Industry segments: plastics, metals, lumber, paper, and finance. It approprlately consolidated each of these segments in producing its annual financial
Ecru Company has identified five Industry segments: plastics, metals, lumber, paper, and finance. It approprlately consolidated each of these segments in producing its annual financial statements. Information describing each segment (In thousands) follows: Ecru does not allocate its $1,270,000 in common expenses to the varlous segments. Perform testing procedures to determine Ecru's reportable operating segments. a. Revenue test: b. Profit or loss test: c. Asset test: Complete this question by entering your answers in the tabs below. Perform revenue test procedure to determine Ecru's reportable operating segments. (Round your percentage answer decimal place. Enter your answers in thousands of dollars.) Perform profit or loss test procedure to determine Ecru's reportable operating segments. (Enter your answers in thousand dollars.) Perform asset test procedure to determine Ecru's reportable operating segments. (Round your percentage answers to 1 decimal place. Enter your answers in thousands of dollars.)
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