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Highlander Corp. identified four industry segments: books, games, sports and finance. The company properly consolidated the segments when it prepared its annual financial statements. Information

Highlander Corp. identified four industry segments: books, games, sports and finance. The company properly consolidated the segments when it prepared its annual financial statements. Information describing each segment is presented below (in thousands).

Prepare the revenue test and determine which of these segments was separately reportable.

Books Games Sports Finance
Sales to outside parties 9,000 3,000 1,500 0
Intersegment revenues transfers 150 200 175 0
Interest income from outside parties 0 30 10 280
Interest income from intersegment loans 0 0 0 250
Operating expenses 6,500 2,124 1,052 20
Interest expense 83 27 82 110
Tangible assets 1,554 3,905 395 129
Intangible assets 94 469 0 840

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