Oroblanco Company has prepared consolidated financial statements for the current year and is now gathering information in connection with the following five operating segments
Oroblanco 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. (Figures are in thousands.) Accounts Sales to outside parties Company Total $ 1,764 Books $ 196 Computers $ 768 Intersegment sales 583 47 298 Maps $ 451 62 Travel Finance $ 349 176 $ 0 0 Interest income-external 146 86 0 0 0 60 Interest income-intersegment loans 170 0 0 0 0 170 Assets 3,780 264 1,494 306 361 1,355 Operating expenses 1,563 138 876 280 213 56 Expenses-intersegment sales 280 93 74 44 69 0 Interest expense-external 130 0 0 0 0 130 Interest expense-intersegment loans 239 44 94 61 40 0 Income tax expense (savings) 160 70 (18) 85 89 (66) General corporate expenses 113 Unallocated operating costs 138 Required: a1. Determine the reportable segments by performing revenue test. a2. Determine the reportable segments by performing profit or loss test. a3. Determine the reportable segments by performing 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. Note: Round your percentage answers to 1 decimal place. Enter your answers in thousands of dollars. Segment Revenues Percentage Reported or Not Reported % Reportable Books Computers Maps Travel Finance Total $ 0 % Reportable % Reportable % Reportable % Not reportable 0.0 % Revenue Test Profit or Loss Test >
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