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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. Maps $ 444 55 0 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 Company Total $1,704 541 127 163 3,666 1,529 262 123 211 125 99 124 Books Computers $ 172 $ 746 40 284 74 0 0 0 250 1,457 131 862 86 67 0 0 87 56 (25) Travel $ 342 162 0 0 347 206 62 0 33 75 Finance $ 0 0 53 163 1,320 49 0 123 292 281 47 0 54 71 37 (52) Determine the reportable segments by performing each applicable test. (Figures are in thousands.) a. Revenue test: b. Profit or loss test: c. Asset test
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