Required information [The following information applies to the questions display

Question

Required information [The following information applies to the questions displayed below.] Following is financial information describing the six operating segments that make up Fairfield, Inc. (in thousands) Seqments Pink Black Red $1,834 835 537 332 144 122 Blue Green White Sales to outside parties Intersegment revenues Salary expensee Rent expense Interest expense Income tax expense (savings) 132 425 104 105 84 39 340 65 37 (87) 39 637 162 114 402 189 82 110 335 115 72 (109) 325 85 54 28 164 Consider the following questions independently. None of the six segments has a primarily financial nature c. What volume of revenues must a single customer generate to necessitate disclosing the existence of a major customer? (Enter your answer in dollars but not in thousands.) lume of revenues

Explanation / Answer

If 10% or more of enterprises revenue is deived from a Sale to single to single customer , Disclosure of the fact and the amount of revenue from each such ciustmer must be disclosed.

Related Questions

Navigate

• Browse (All)
• Browse R
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.