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"mason company has prepared consolidated financial...

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"mason company has prepared consolidated financial statements for the current year and is now gathering information in connection with the following five operating segments it has identified. Determine the reportable segments by performing each applicable test Company total sales to outside parties 1547 intersegment sales 421 interest income - external 97 interest income - intersegment loans 147 assets Expenses: operating expenses 3398 intersegment sales 198 interest expense - external 107 interest expense - intersegment loans 177 income tax expense (savings) 21 general corporate expenses 55 unallocated operating costs 80 Books sales to outside parties 121 intersegment sales 24 interest income - external 60 interest income - intersegment loans 0 assets 206 Expenses: operating expenses 115 intersegment sales 70 interest expense - external 0 interest expense - intersegment loans 21 income tax expense (savings) 12 general corporate expenses 0 unallocated operating costs 0 Computers sales to outside parties 696 intersegment sales 240 interest income - external 0 interest income - intersegment loans 0 assets Expenses: 1378 operating expenses 818 intersegment sales 51 interest expense - external 0 interest expense - intersegment loans 71 income tax expense (savings) (41) general corporate expenses 0 unallocated operating costs 0 Maps sales to outside parties 416 intersegment sales 39 interest income - external 0 interest income - intersegment loans 0 assets 248 Expenses: operating expenses 304 intersegment sales 31 interest expense - external 0 interest expense - intersegment loans 38 income tax expense (savings) 27 general corporate expenses 0 unallocated operating costs 0 Travel sales to outside parties 314 intersegment sales 118 interest income - external 0 interest income - intersegment loans 0 assets 326 Expenses: operating expenses 190 intersegment sales 46 interest expense - external 0 interest expense - intersegment loans 47 income tax expense (savings) 31 general corporate expenses 0 unallocated operating costs 0 Finance sales to outside parties 0 intersegment sales 0 interest income - external 37 interest income - intersegment loans 147 assets 1240 Expenses: operating expenses 33 intersegment sales 0 interest expense - external 107 interest expense - intersegment loans 0 income tax expense (savings) (8) general corporate expenses 0 unallocated operating costs 0"

 

Paper#8151 | Written in 18-Jul-2015

Price : $25
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