Thompson Corp. was engaged solely in manufacturing operations. The following data pertain to the operating segments for 2020: What is the minimum amount of revenue that each of these segments must earn to be considered separately reportable?
A) $4,585,000.
B) $3,502,500.
C) $5,490,200.
D) $4,670,000.
E) $9,595,000.

Question

Thompson Corp. was engaged solely in manufacturing operations. The following data pertain to the operating segments for 2020:  What is the minimum amount of revenue that each of these segments must earn to be considered separately reportable?
A) $4,585,000. 
B) $3,502,500. 
C) $5,490,200. 
D) $4,670,000. 
E) $9,595,000.

Quizplus · Accepted Answer

The Answer of Thompson Corp. was engaged solely in manufacturing operations. The following data pertain to the operating segments for 2020:  What is the minimum amount of revenue that each of these segments must earn to be considered separately reportable?
A) $4,585,000. 
B) $3,502,500. 
C) $5,490,200. 
D) $4,670,000. 
E) $9,595,000.