To qualify as reportable segment, the segment revenue should at least be what amount? A. 5,300,000 B. 4,100,000 C. 5,200,000 D. 4,000,000
To qualify as reportable segment, the segment revenue should at least be what amount? A. 5,300,000 B. 4,100,000 C. 5,200,000 D. 4,000,000
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter14: Decentralized Operations
Section: Chapter Questions
Problem 14.3.1P
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Question
An entity and its divisions reported the following for the current year:
Sales to unaffiliated customers |
40,000,000 |
Intersegment sales of product similar to those sold to unaffiliated customers |
12,000,000 |
Interest earned on loans to other operating segments |
1,000,000 |
The entity and all of its divisions are engaged solely in manufacturing operations.
- To qualify as reportable segment, the segment revenue should at least be what amount?
A. 5,300,000
B. 4,100,000
C. 5,200,000
D. 4,000,000
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