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Problem 8 - 3 5 ( Algo ) ( LO 8 - 2 ) Ecru Company has identified five industry segments: plastics, metals, lumber, paper,

Problem 8-35(Algo)(LO 8-2)
Ecru Company has identified five industry segments: plastics, metals, lumber, paper, and finance.
It appropriately consolidated each of these segments in producing its annual financial statements. Information describing each segment (in thousands) follows:
\table[[,Plastics,Metals,Lumber,Paper,Finance,],[Sales to outside parties,$6,770,$2,369,$26,$437,$,0],[Intersegment transfers,153,176,141,153,0,],[Interest income from outside parties,0,37,24,0,45,],[Interest income from intersegment loans,0,0,0,0,204,],[Operating expenses,4,274,1,792,1,096,669,34,],[Interest expense,79,34,69,22,105,],[Tangible assets,1,517,3,211,539,786,194,],[Intangible assets,90,406,0,66,0,],[Intersegment loans (debt),0,0,0,0,709,]]
Ecru does not allocate its $1,340,000 in common expenses to the various segments.
Perform testing procedures to determine Ecru's reportable operating segments.
a. Revenue test:
b. Profit or loss test:
c. Asset test:
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