Required: a. What minimum revenue amount must any one segment generate to be of significant size to require disaggregated disclosure? Note: Enter your answer in dollars but not in thousands.
Required: a. What minimum revenue amount must any one segment generate to be of significant size to require disaggregated disclosure? Note: Enter your answer in dollars but not in thousands.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Domestic
![Required Information
[The following information applies to the questions displayed below.]
The following is financial Information describing the six operating segments that make up Chucktown Sauce Company (In
thousands):
Red
Sales to outside parties
$ 1,811
Blue
$ 812
Intersegment revenues
16
91
Segments
Green
$ 514
109
Pink
Black
White
$ 309
$ 121
$ 99
0
16
302
Salary expense
614
379
402
312
317
62
Rent expense
139
166
81
92
42
31
Interest expense
65
59
82
49
14
5
Income tax expense (savings)
141
87
61
(86)
(64)
0
Consider the following questions Independently. None of the six segments have a primarily financial nature.
Required:
a. What minimum revenue amount must any one segment generate to be of significant size to require disaggregated disclosure?
Note: Enter your answer in dollars but not in thousands.
Minimum revenue](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6e725dd9-e05a-48b5-8442-db817abe97da%2F4b641631-a90c-4e91-a29a-ae1290c8891e%2Fiu3vl5p_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Required Information
[The following information applies to the questions displayed below.]
The following is financial Information describing the six operating segments that make up Chucktown Sauce Company (In
thousands):
Red
Sales to outside parties
$ 1,811
Blue
$ 812
Intersegment revenues
16
91
Segments
Green
$ 514
109
Pink
Black
White
$ 309
$ 121
$ 99
0
16
302
Salary expense
614
379
402
312
317
62
Rent expense
139
166
81
92
42
31
Interest expense
65
59
82
49
14
5
Income tax expense (savings)
141
87
61
(86)
(64)
0
Consider the following questions Independently. None of the six segments have a primarily financial nature.
Required:
a. What minimum revenue amount must any one segment generate to be of significant size to require disaggregated disclosure?
Note: Enter your answer in dollars but not in thousands.
Minimum revenue
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