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): Segments Red Blue Green Pink Black White Sales to outside parties $ 1,818 $ 819 $ 521 $ 316 $ 128 $ 106 Intersegment revenues 23 98 116 0 23 309 Salary expense 621 386 409 319 324 69 Rent expense 146 173 88 99 49 38 Interest expense 72 66 89 56 21 12 Income tax expense (savings) 148 94 68 (93) (71) 0 Consider the following questions independently. None of the six segments have a primarily financial nature. c. What volume of revenues must a single customer generate to necessitate disclosing the existence of a major customer? Note: Enter your answer in dollars but not in thousands. Volume of revenues

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
icon
Related questions
Question
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):
Segments
Red
Blue
Green
Pink
Black
White
Sales to outside parties
$ 1,818
$ 819
$ 521
$ 316
$ 128
$ 106
Intersegment revenues
23
98
116
0
23
309
Salary expense
621
386
409
319
324
69
Rent expense
146
173
88
99
49
38
Interest expense
72
66
89
56
21
12
Income tax expense (savings)
148
94
68
(93)
(71)
0
Consider the following questions independently. None of the six segments have a primarily financial nature.
c. What volume of revenues must a single customer generate to necessitate disclosing the existence of a major customer?
Note: Enter your answer in dollars but not in thousands.
Volume of revenues
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): Segments Red Blue Green Pink Black White Sales to outside parties $ 1,818 $ 819 $ 521 $ 316 $ 128 $ 106 Intersegment revenues 23 98 116 0 23 309 Salary expense 621 386 409 319 324 69 Rent expense 146 173 88 99 49 38 Interest expense 72 66 89 56 21 12 Income tax expense (savings) 148 94 68 (93) (71) 0 Consider the following questions independently. None of the six segments have a primarily financial nature. c. What volume of revenues must a single customer generate to necessitate disclosing the existence of a major customer? Note: Enter your answer in dollars but not in thousands. Volume of revenues
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON