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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
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 Books Computers Maps Travel Finance $ 163 S 729 $434 $332 S Total 1,658 585 121 159 3,688 1,528 Sales to outside parties Intersegment sales Interest income-external Interest income-intersegment loans Assets Operating expenses Expenses-intersegment sales Interest expense-external Interest Income tax expense (savings) General corporate expenses Unallocated operating costs 36 72 278 51 49 278 43 50 159 45 119 (38) 1,438 1, 308 127 82 848 63 292 58 119 195 93 85 118 expense-intersegment loans 83 (29) 29 61 57 Determine the reportable segments by performing each applicable test. (Figures are in thousands.) a. Revenue test: b. Profit or loss test: c. Asset test: Complete this question by entering your answers in the tabs below Profit or LOssAsset Test Revenue Test Test Determine the reportable segments by performing revenue test. (Round your percentage answers to 1 decimal place. Enter your answers in thousands of dollars.) SegmentRevenues Books Maps Travel Finance Total
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