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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 Total $1,565 435 Sales to outside parties Intersegment sales Interest income-external Interest income-intersegment loans Assets Operating expenses Expenses-intersegment sales Interest expense-external Interest expense-intersegment loans Income tax expense (savings) General corporate expenses Unallocated operating costs 101 149 3,385 1.473 206 109 155 33 60 85 Books Computers $ 120 6701 26 245 62 0 0 0 211 1,340 117 823 72 53 0 23 73 17 (39) Maps 6 419 41 0 0 253 306 33 0 40 32 Travel 6 317 123 0 0 331 192 48 0 19 36 Finance 6 0 0 39 149 1,250 35 0 109 0 (13) Determine the reportable segments by performing each applicable test. (Figures are in thousands.) a. Revenue test: b. Profit or loss test: c. Asset test 1 Revenue Test Profit or Loss Test Asset Test Determine the reportable segments by performing asset te Enter your answers in thousands of dollars.) Segment Assets Percentage Reported or Not Reported Books % Computers % Maps % Travel % Finance % Total $ 0.0 % 0
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