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Problem 8-37 (Algo) (LO 8-2) Mason Company has prepared consolidated financial statements for the current year and is now gathering information in connection with the
Problem 8-37 (Algo) (LO 8-2) 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 $ 203 Maps $ 452 Travel $ 350 178 Finance $ 63 Company Total $ 1,774 589 145 171 3,795 1,579 284 131 243 165 115 140 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 61 171 1,360 57 266 139 Computers $ 769 300 0 0 1,498 878 75 0 95 (17) ?? 0 0 308 291 45 0 62 87 363 214 70 41 91 131 36 (68) Determine the reportable segments by performing each applicable test. (Figures are in thousands.) a. Revenue test: a 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.)
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