Ecru Company Identified Five Industry Segments Plastics Metals Lumber Paper Finance Approp Q17773326

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.)
​Please fill in thepercentages
Revenue test:
Segment   Revenues   Percentages
Plastic        6923                    ?                  
Metal         2600              ?
Lumber     894               ?
Paper       593             ?
Finance     252             ?
2) Asset Test
​Segments      Assets      Percentages    
Plastic            1621                        ?                             
Metal            3635                         ?
Lumber        554                            ?
Paper             867                           ?
Finances       906                          ?

 
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