Elektronix, Inc. 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) $650,000.
B) $660,000.
C) $670,000.
D) $680,000.
E) $690,000.

Question

Elektronix, Inc. 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) $650,000. 
B) $660,000. 
C) $670,000. 
D) $680,000. 
E) $690,000.

Quizplus · Accepted Answer

External Rev ($4,000,000 + $500,000 + $2,000,000) + I/E Transfers ($100,000) = $6,600,000 × 10% = $660,000