Mason Company has prepared consolidated financial statements for the current year and is now gathering...
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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 has identified. Company Total $1,678 517 Books $ 168 Computers $ 732 276 Maps $ 440 Travel $ 338 154 Finance S 36 51 121 72 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 242 127 1,439 854 63 284 289 43 362 202 58 159 1,300 45 159 3,627 1,517 246 119 195 105 91 116 119 83 (29) se 63 67 Determine the reportable segments by performing each applicable test. (Figures are in thousands.) a. Revenue test 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.) Segment Revenues Percentage Reported or Not Reported Books Computers Maps Finance Total | 0 $ 0.0 %
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