Ecru Company Identified Five Industry Segments Plastics Metals Lumber Paper Finance Approp Q17772142

Ecru Company has identified five industry segments: plastics,metals, lumber, paper, and finance. It appropriately consolidatedeach of these segments in producing its annual financialstatements. Information describing each segment (in thousands)follows

Plastics

Metals

Lumber

Paper

Finance

  Sales to outside parties
$
6,769

$
2,384

$
726

$
437

0   

  Intersegment transfers

154

179

144

156

0   

  Interest income from outside parties

0

37

24

0

$
45   

  Interest income from intersegment loans

0

0

0

0

207   

  Operating expenses

4,274

1,792

1,096

669

34   

  Interest expense

79

34

69

25

105   

  Tangible assets

1,531

3,226

554

801

194    

  Intangible assets

90

409

0

66

0    

  Intersegment loans (debt)

0

0

0

0

712    

Ecru does notallocate its $1,430,000 in common expenses to the varioussegments.

Perform testing procedures to determine Ecru’s reportableoperating segments. (Round your percentage answers to 2decimal places. Enter your answers in thousands ofdollars.)

Revenue test:
Segment   Revenues   Percentages Report orNot Report
Plastic       ?                       ?                  ?

Metal
Lumber
Paper
Finance
2) Profit or Loss test
Segment   revenue     expenses profitloss    Report/Not Report
Lumber      ?                    ?           ?         ?                      ?
Metal
Lumber
Paper
Finances
3) Asset Test
​Segments      Assets      Percentages     Report or notreport
Plastic           ?                          ?                             ?
Metal
Lumber
Paper
Finances
 
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