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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. Books $ 121 24 60 Maps $ 416 39 Travel $ 314 118 Company Total $1,547 421 97 147 3,398 1,460 198 107 Sales to outside parties Inter segment sales Interest income-external Interest income-inter segment loans Assets Operating expenses Expenses-intersegment sales Interest expense-external Interest expense-intersegment loans Income tax expense (savings) General corporate expenses Unallocated operating costs 296 Computers $ 696 240 1,378 818 51 71 (41) 248 304 31 Finance $ 37 147 1,240 33 107 (8) 326 190 46 17 31 115 70 21 12 147 3B 27 21 55 80 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. Revenue Test Profit or Loss Test Asset Test Determine the reportable segments by performing revenue test. (Round your percentage answers to 1 decimal place. Enter your answers in thousands of dollars.) Segment Revenues Percentage Reported or Not Renarted
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