Retro Corp. was engaged solely in manufacturing operations. The following data pertain to the operating segments for 2013: What is the minimum amount of assets that each of these segments must own to be considered separately reportable?
A) $9,450,000.
B) $8,624,272.
C) $10,643,000.
D) $12,936,408.
E) $10,413,000.

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 assets that each of these segments must own to be considered separately reportable?
A) $9,450,000. 
B) $8,624,272. 
C) $10,643,000. 
D) $12,936,408. 
E) $10,413,000.

Quizplus · Accepted Answer

$94,500,000 × 10% = $9,450,000