Peterson Corporation has three operating segments with the following information:
-What amount of revenues must be generated from one customer before that party must be identified as a major customer?
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 amount of revenues must be generated from one customer before that party must be identified as a major customer?
A) $3,900. 
B) $4,000. 
C) $4,100. 
D) $4,200. 
E) $4,400.

Quizplus · Accepted Answer

The correct answer is A because $3,900 is the minimum amount of revenues that must be generated from one customer before that party must be identified as a major customer.

Peterson Corporation Has Three Operating Segments with the Following Information