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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 identifiec Company Total $1,638 491 Books Computers Maps Travel Finance 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 155 3 4 71 $ 723 431 49 329 143 265 47 157 1,290 43 157 3,573 1,525 238 231 125 80 1,428 843 273 314 41 351 200 56 187 75 80 105 31 37 81 (31) 48 46 27 56 (33) 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 Loss Test Asset Test Revenue Test Determine the reportable segments by performing revenue test. (Round your percentage answers to 1 decimal place. Enter your answers in thousands of dollars.) Reported or Not Revenue Test Profit or Loss Test Determine the reportable segments by performing revenue test. (Round your percentage answers to 1 decimal place. Enter your answers in thousands of dollars.) Reported or Not Reported Segment Revenues Percentage Books Computers Maps Travel Finance 0.01% Total Profit or Loss Test> Revenue Test Complete this question by entering your answers in the tabs below. Revenue Test Profit or Loss Test Determine the reportable segments by performing profit or loss test. (Enter your answers in thousands of dollars.) Reported or Not Reported Segment Revenues Expenses Profit Loss Books Computers Maps Travel Finance Total Asset Test Revenue Test Profit or LoSSAsset Test Revenue Test Test Determine the reportable segments by performing asset test. (Round your percentage answers to 1 decimal place. Enter your answers in thousands of dollars.) Reported or Not Assets Percentage Reported SegmentA Books Computers Maps Travel Finance 0.0 | % Total Profit or Loss Test Asset Test
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