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Following is financial information describing the six operating segments that make up Fairfield, Inc. (in thousands): Sales to outside parties Intersegment revenues Salary expense Rent

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Following is financial information describing the six operating segments that make up Fairfield, Inc. (in thousands): Sales to outside parties Intersegment revenues Salary expense Rent expense Interest expense Income tax expense (savings) Red $1,818 23 621 146 72 148 Blue $ 819 98 386 173 66 94 Segments Green Pink $ 521 $ 316 116 0 409 319 88 99 89 56 68 Black $ 128 23 324 49 21 (71) White $ 106 309 69 38 12 (93) 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.) X Answer is complete but not entirely correct. Minimum revenues $ 42,700 X 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.) X Answer is complete but not entirely correct. Volume of revenues S 3,708 X 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 Blue Green Pink Black White $1,081 456 147 (101) (229) 315

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