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d. If each of these six segments has a profit or loss (in thousands) as follows, which warrants separate disclosure? (Select all that apply.) Red

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d. If each of these six segments has a profit or loss (in thousands) as follows, which warrants separate disclosure? (Select all that apply.)

Red $ 1,084
Blue 459
Green 150
Pink (104 )
Black (232 )
White 318

Check All That Apply

  • RedRed

  • BlueBlue

  • GreenGreen

  • PinkPink

  • BlackBlack

  • White

Required Information [The following information applies to the questions displayed below.] Following is financial Information describing the six operating segments that make up Fairfield, Inc. (In thousands): Sales to outside parties Intersegent revenues Salary expense Rent expense Interest expense Income tax expense (savings) Red $1,821 26 624 149 75 151 Blue $ 822 181 389 176 69 97 Segments Green Pink $ 524 $ 319 119 412 322 91 182 92 59 71 (96) Black $ 131 26 327 52 24 White $ 109 312 72 41 15 @ Consider the following questions Independently. None of the six segments has 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.) Minimum revenues c. What volume of revenues must a single customer generate to necessitate disclosing the existence of a major customer? (Enter your answer in dollars but not in thousands.) Volume of revenues

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