Peterson Corporation has three operating segments with the following information: What is the minimum amount of revenue an operating segment must have to be considered a reportable segment?
A) $3,900.
B) $4,000.
C) $4,100.
D) $4,200.
E) $4,400.

Question

Peterson Corporation has three operating segments with the following information:  What is the minimum amount of revenue an operating segment must have to be considered a reportable segment?
A) $3,900. 
B) $4,000. 
C) $4,100. 
D) $4,200. 
E) $4,400.

Quizplus · Accepted Answer

External Rev ($25,000 + $13,000 + $1,000) + I/E Sales ($1,000 + $2,000) = $42,000 × 10% = $4,200

Peterson Corporation Has Three Operating Segments with the Following Information