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1 ! Return to question Part 1 of 3 Required information [The following information applies to the questions displayed below.] The following is financial information
1 ! Return to question Part 1 of 3 Required information [The following information applies to the questions displayed below.] The following is financial information describing the six operating segments that make up Fairfield, Inc. (in thousands): 20 points Segments Red Blue Sales to outside parties $1,814 $ 815 Green $ 517 Pink $ 312 Black White $ 124 $ 102 Intersegment revenues 19 94 112 0 19 305 Salary expense 617 382 405 315 320 65 Rent expense 142 169 84 95 45 34 Interest expense 68 62 85 52 17 8 Income tax expense (savings) 144 90 64 (89) (67) 0 Consider the following questions independently. None of the six segments have a primarily financial nature. a. What minimum revenue amount must any one segment generate to be of significant size to require disaggregated disclosure? (Enter your answer in dollars but not in thousands.) Answer is complete but not entirely correct. Minimum revenues $ 423
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