Determine the amount of revenue for each of the three segments that would be used to identify the reportable industry segments in accordance with the revenues test specified by SFAS 131.
A) Wholesale, $3,600; Retail, $1,500; Finance, $ -0-
B) Wholesale, 4,000; Retail, 1,740; Finance, -0-
C) Wholesale, 4,000; Retail, 1,980; Finance, 980
D) Wholesale, 4,000; Retail, 2,380; Finance, 980

Question

Determine the amount of revenue for each of the three segments that would be used to identify the reportable industry segments in accordance with the revenues test specified by SFAS 131. 
A) Wholesale, $3,600; Retail, $1,500; Finance, $ -0- 
B) Wholesale, 4,000; Retail, 1,740; Finance, -0- 
C) Wholesale, 4,000; Retail, 1,980; Finance, 980 
D) Wholesale, 4,000; Retail, 2,380; Finance, 980

Quizplus · Accepted Answer

The Answer of Determine the amount of revenue for each of the three segments that would be used to identify the reportable industry segments in accordance with the revenues test specified by SFAS 131. 
A) Wholesale, $3,600; Retail, $1,500; Finance, $ -0- 
B) Wholesale, 4,000; Retail, 1,740; Finance, -0- 
C) Wholesale, 4,000; Retail, 1,980; Finance, 980 
D) Wholesale, 4,000; Retail, 2,380; Finance, 980

Determine the Amount of Revenue for Each of the Three