Ecru Company has identified five industry segments: plastics, metals, lumber, paper, and finance. It appropriately consolidated each
Question:
Ecru does not allocate its $1,250,000 in common expenses to the various segments.
Perform testing procedures to determine Ecrus reportable operatingsegments.
Transcribed Image Text:
Plastics Metals Lmber P Paper Finance $347 Sales to outside parties$6,319 Intersegment transfers Interest income from $2,144 131 $636 96 106 108 -0 27 outside parties Interest income from 6 intersegment loans Operating expenses. Interest expense Tangible assets Intangible assets Intersegment loans- 159 16 87 104 .. . 916 51 314 3,9141,612 579 31 561 48 61 1,29 2,986 361 72 664
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Revenue Test numbers in thousands Segment Revenues Percentage Plastics 6425 637 reportable Meta...View the full answer
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Related Book For
Advanced Accounting
ISBN: 978-0077431808
10th edition
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
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