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Ecru Company has identified five industry segments: plastics, metals, lumber, paper, and finance. It appropriately consolidated each of these segments in producing its annual financial

Ecru Company has identified five industry segments: plastics, metals, lumber, paper, and finance. It appropriately consolidated each of these segments in producing its annual financial statements. Information describing each segment (in thousands) follows:

Plastics Metals Lumber Paper Finance
Sales to outside parties $ 6,669 $ 2,319 $ 706 $ 417 0
Intersegment transfers 141 166 131 143 0
Interest income from outside parties 0 33 20 0 $ 41
Interest income from intersegment loans 0 0 0 0 194
Operating expenses 4,194 1,752 1,056 649 30
Interest expense 75 30 65 24 101
Tangible assets 1,466 3,161 489 736 174
Intangible assets 86 396 0 62 0
Intersegment loans (debt) 0 0 0 0 699

Ecru does not allocate its $1,320,000 in common expenses to the various segments.

Perform testing procedures to determine Ecrus reportable operating segments. (Round your percentage answers to 2 decimal places. Enter your answers in thousands of dollars.)

1) Asset Test Please fill in the empty answers

Asset Test
Assets Percentage
Plastics $1,552.00 Reportable
Metals $3,557.00 Reportable
Lumber $489.00 Not Reportable
Paper $798.00 Not Reportable
Finance $ Reportable
Total 100.00%

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