Please Solve all required with details and do not Give image format 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 eachsegment (in thousands) follows:Sales to outside partiesIntersegment transfersInterest income from outside parties.Interest income from intersegment loansOperating expensesInterest expenseTangible assetsIntangible assetsIntersegnent loans (debt)a. Revenue test:b. Profit or loss test:c. Asset test:Revenue Test Profit or LossTestPlastics$6,620Asset TestPlasticsMetalsLumberPaperFinanceTotal140Segment Revenues Percentageee4,154731,42784e%%%%%%Metals Lumber$ 2,294 $ 69616112631e1,732283,136391eEcru does not allocate its $1,310,000 in common expenses to the various segments.Perform testing procedures to determine Ecru's reportable operating segments.18e1,03663464Complete this question by entering your answers in the tabs below.Reported or NotReportedeePaper$ 4871380Show Transcribed Texe6392571160eFinance$0Perform revenue test procedure to determine Ecru's reportable operating segments. (Round your percentage ansdecimal place. Enter your answers in thousands of dollars.)0391892899164e694 Complete this question by entering your answers in the tabs below.Revenue Test Profit or LossTestPerform profit or loss test procedure to determine Ecru's reportable operating segments. (Enter your answers in thoudollars.)SegmentPlasticsMetalsLumberPaperFinanceTotalRevenue TestAsset TestRevenues Expenses Profit LossPlasticsMetalsComplete this question by entering your answers in the tabs below.LumberPaperFinanceTotalShow Transcribed TexProfit or LossTestAsset TestSegment Assets PercentagePerform asset test procedure to determine Ecru's reportable operating segments. (Round your percentage answers to 1decimal place. Enter your answers in thousands of dollars.)%%G%%Reported or NotReported%%Reported or NotReportedc

Under the revenue test when the revenues of one segment are higher than 10% of total revenues, it is…

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: Sales to outside parties Intersegment transfers Interest income from outside parties Interest income from intersegment loans Operating expenses Interest expense Tangible assets Intangible assets Intersegnent loans (debt) Plastics Metals $6,620 $2,294 140 a. Revenue test: b. Profit or loss test: c. Asset test: e 4,154 73 1,427 84 161 31 e 1,732 28 3,136 391 Lumber $696 126 18 e 1,036 63 464 e e Ecru does not allocate its $1,310,000 in common expenses to the various segments. Perform testing procedures to determine Ecru's reportable operating segments. Paper $ 487 138 e 639 25 711 60 e Finance $ 189 28 99 164 694

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: Sales to outside parties Intersegment transfers Interest income from outside parties Interest income from intersegment loans Operating expenses Interest expense Tangible assets Intangible assets Intersegnent loans (debt) Plastics Metals $6,620 $2,294 140 a. Revenue test: b. Profit or loss test: c. Asset test: e 4,154 73 1,427 84 161 31 e 1,732 28 3,136 391 Lumber $696 126 18 e 1,036 63 464 e e Ecru does not allocate its $1,310,000 in common expenses to the various segments. Perform testing procedures to determine Ecru's reportable operating segments. Paper $ 487 138 e 639 25 711 60 e Finance $ 189 28 99 164 694

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

can you please write your solution out and not use excel.
Explain how the E-R diagrams is used to prepare database tables. Also, include explanation of cardinalities.
Can you please enter the information clearly without so many spaces? The information is hard to read.
a. Explain FOB Destination. Please don't do plagiarism. Thank you!
Select the letter of the item below that best matches the definitions that follow. a. Data Files CD ________ b. Lists ________ c. Forms ________ d. Registers ________ e. Reports and graphs ________ f. Restoring a backup ________ g. Icon bar ________ h. Home page ________ i. Backing up a file ________ 1. One click access to QuickBooks Accountant Centers and Home page. 2. The process of rebuilding a backup file to a full QuickBooks Accountant file ready for additional input. 3. Electronic representations of paper documents used to record business activities such as customer invoices, vendor bills, and checks. 4. A big-picture approach of how your essential business tasks fit together organized by logical groups such as customers, vendors, and employees. 5. Groups of names such as customers, vendors, employees, items, and accounts. 6. Contains backups of all the practice files needed for chapter work and completion of assignments. 7. The process of creating a copy of a…
Show the solution in a handwritten format/way.
Please do not give image format
Please answer E & G from the attached questions . Please label accordingly e.g E) instead of step 1 . Using CVP
Kindly use PMT in your computations
Can you use excel to do the data please.
What are reversing entries, and how do they work?
True or False: Access controls limit who can change records Group of answer choices True False