The following information has been accumulated for use in preparing segment disclosures for Patriot American Products Corporation (in thousands): Apparel Flags and flag poles Jewelry and other wearables Fireworks Picnic supplies B Landscaping products Books and literature Total Operating Operating Operating Segment Intersegment Total Segment Segment's Identifiable Segment's Operating Operating Segment's Revenue Revenue Revenue Assets Profit Operating Loss 174 85 259 700 20 122 0 122 850 150 80 10 90 80 (50) 175 15 190 700 75 95 0 95 250 (60) 60 5 65 800 80. 150 25 175 760 140 856 140 996 4140 465 (110) 6 7 Requirements 8 1. Determine the reportable segments under the 10% revenue test. 9 2. Determine the reportable segments under the 10% asset test. 03. Determine the reportable segments under the 10% profit or loss test. 14. After performing the tests in #1 through #3 above, identify the reportable segments. Are any segments nonreportable? 22 If so, how will they be identified in the segment disclosures? 23 1