The Fratilo Co. had three operating segments with the following information: In addition, revenues generated at corporate headquarters are $1,400.
What is the minimum amount of revenue that each of these segments must earn to be considered separately reportable?
A) $2,730.
B) $2,660.
C) $2,800.
D) $2,940.
E) $2,520.

Question

The Fratilo Co. had three operating segments with the following information:  In addition, revenues generated at corporate headquarters are $1,400.
What is the minimum amount of revenue that each of these segments must earn to be considered separately reportable?
A) $2,730. 
B) $2,660. 
C) $2,800. 
D) $2,940. 
E) $2,520.

Quizplus · Accepted Answer

Combined Segment Revenues $29,400 × 10% = $2,940 Minimum Amount of Segment Revenue