Selected data (in millions) for Plodex's identified operating segments follow:
Required:
a. Perform the revenues quantitative threshold test. (None of the segments provides financial services.)
b. Determine if the 75% test's quantitative threshold is satisfied-assume that the other two tests did not result in any additional reportable segments.

Question

Selected data (in millions) for Plodex's identified operating segments follow:
  Required:
a. Perform the revenues quantitative threshold test. (None of the segments provides financial services.)
b. Determine if the 75% test's quantitative threshold is satisfied-assume that the other two tests did not result in any additional reportable segments.

Quizplus · Accepted Answer

The Answer of Selected data (in millions) for Plodex's identified operating segments follow:
  Required:
a. Perform the revenues quantitative threshold test. (None of the segments provides financial services.)
b. Determine if the 75% test's quantitative threshold is satisfied-assume that the other two tests did not result in any additional reportable segments.

Selected Data (In Millions) for Plodex's Identified Operating Segments Follow