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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 Books Computers Maps Travel Finance
Sales to outside parties $ 1,565 $ 128 $ 701 $ 419 $ 317 $ 0
Intersegment sales 435 26 245 41 123 0
Interest incomeexternal 101 62 0 0 0 39
Interest incomeintersegment loans 149 0 0 0 0 149
Assets 3,385 211 1,340 253 331 1,250
Operating expenses 1,473 117 823 306 192 35
Expensesintersegment sales 206 72 53 33 48 0
Interest expenseexternal 109 0 0 0 0 109
Interest expenseintersegment loans 155 23 73 40 19 0
Income tax expense (savings) 33 17 (39 ) 32 36 (13 )
General corporate expenses 60
Unallocated operating costs 85

Determine the reportable segments by performing each applicable test. (Figures are in thousands.)

  1. Revenue test:

  2. Profit or loss test:

  3. Asset test:

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Revenue Test Profit or Loss Test Asset Test Determine the reportable segments by performing revenue tes your answers in thousands of dollars.) Revenues Percentage % Reported or Not Reported % Segment Books Computers Maps Travel Finance Total % % % 0.0 % $ 0 0 Revenue Test Profit or Loss Test Asset Test Determine the reportable segments by performing profit or loss test. (Enter your Segment Revenues Expenses Profit Loss Reported or Not Reported Books Computers Maps Travel Finance Total $ 0 $ 0 $ 0 $ 0 Revenue Test Profit or Loss Test Asset Test Determine the reportable segments by performing asset test. (Round yo answers in thousands of dollars.) Assets Percentage Reported or Not Reported Segment Books Computers Maps Travel Finance Total % % % % % 0.0 % $ 0

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