The following information pertains to the Liberty Company and its divisions for the year ended December 31, 2014 : Sales to unaffiliated customers P10,000,000 Inter- segment sales of products similar to those sold to unaffiliated customers 2,000,000 Liberty Company all its divisions are engaged solely in manufacturing operations. Liberty has a reportable segment if the segment's revenue will total to what amount?

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter14: Decentralized Operations
Section: Chapter Questions
Problem 14.16E
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The following information pertains to the Liberty Company and its divisions for the year ended December 31, 2014 :

Sales to unaffiliated customers P10,000,000
Inter- segment sales of products similar to those sold to unaffiliated customers 2,000,000
Liberty Company all its divisions are engaged solely in manufacturing operations.


Liberty has a reportable segment if the segment's revenue will total to what amount?

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