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Business
Accounting
Accounts 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 Revenue Test Profit or Loss Test Books Computers Maps Travel Finance Total Company Total $ 1,735 $ Asset Test 0 551 135 167 3,728 1,580 255 127 227 141 105 130 % Reportable % % % % 0.0 % Books Computers Maps Travel Finance $756 $446 $344 168 280 0 0 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. $189 Complete this question by entering your answers in the tabs below. Reported or Not Reported 的4478 0 44 78 256 135 90 0 41 62 1,481 868 71 0 91 (21) 59 0 0 POHRONII 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 298 314 28 0 58 77 80O3O6OTHI 86 168 57 167 353 1,340 210 53 66 37 $0 0 81 STAOMO 0 127 0 (58)

Accounts 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 Revenue Test Profit or Loss Test Books Computers Maps Travel Finance Total Company Total $ 1,735 $ Asset Test 0 551 135 167 3,728 1,580 255 127 227 141 105 130 % Reportable % % % % 0.0 % Books Computers Maps Travel Finance $756 $446 $344 168 280 0 0 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. $189 Complete this question by entering your answers in the tabs below. Reported or Not Reported 的4478 0 44 78 256 135 90 0 41 62 1,481 868 71 0 91 (21) 59 0 0 POHRONII 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 298 314 28 0 58 77 80O3O6OTHI 86 168 57 167 353 1,340 210 53 66 37 $0 0 81 STAOMO 0 127 0 (58)

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Accounts 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 Revenue Test Profit or Loss Test Books Computers Maps Travel Finance Total Segment Revenues Percentage Company Total $ 1,735 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. Asset Test $ Complete this question by entering your answers in the tabs below. 0 551 135 167 3,728 1,580 255 127 227 141 105 130 % Reportable % % % % 0.0 % Books $189 44 78 0 Reported or Not Reported 256 135 90 0 41 62 Computers Maps $ 756 $ 446 280 59 0 0 0 0 1,481 868 71 0 91 (21) Determine the reportable segments by performing revenue test. Note: Round your percentage answers to 1 decimal place. Enter your answers in thousands of dollars. II 298 314 28 55 77 -- 58 Travel Finance $ 344 168 0 0 353 210 66 0 37 81 I $0 0 57 167 1,340 53 0 127 0 (58)
Transcribed Image Text:Accounts 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 Revenue Test Profit or Loss Test Books Computers Maps Travel Finance Total Segment Revenues Percentage Company Total $ 1,735 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. Asset Test $ Complete this question by entering your answers in the tabs below. 0 551 135 167 3,728 1,580 255 127 227 141 105 130 % Reportable % % % % 0.0 % Books $189 44 78 0 Reported or Not Reported 256 135 90 0 41 62 Computers Maps $ 756 $ 446 280 59 0 0 0 0 1,481 868 71 0 91 (21) Determine the reportable segments by performing revenue test. Note: Round your percentage answers to 1 decimal place. Enter your answers in thousands of dollars. II 298 314 28 55 77 -- 58 Travel Finance $ 344 168 0 0 353 210 66 0 37 81 I $0 0 57 167 1,340 53 0 127 0 (58)
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