Retro Corp. was engaged solely in manufacturing operations. The following data pertain to the operating segments for 2013: What is the minimum amount of profit or loss that each of these segments must earn to be considered separately reportable?
A) $769,263.
B) $812,000.
C) $854,737.
D) $897,000.
E) $833,368.

Question

Retro Corp. was engaged solely in manufacturing operations. The following data pertain to the operating segments for 2013:  What is the minimum amount of profit or loss that each of these segments must earn to be considered separately reportable?
A) $769,263. 
B) $812,000. 
C) $854,737. 
D) $897,000. 
E) $833,368.

Quizplus · Accepted Answer

$8,120,000 × 10% = $812,000