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Following is financial information describing the six operating segments that make up Fairfield, Inc. (in thousands): Segments Red Blue Green Pink Black White Sales to
Following is financial information describing the six operating segments that make up Fairfield, Inc. (in thousands):
Segments | |||||||||||||||||||||||
Red | Blue | Green | Pink | Black | White | ||||||||||||||||||
Sales to outside parties | $ | 1,827 | $ | 828 | $ | 530 | $ | 325 | $ | 137 | $ | 115 | |||||||||||
Intersegment revenues | 32 | 107 | 125 | 0 | 32 | 318 | |||||||||||||||||
Salary expense | 630 | 395 | 418 | 328 | 333 | 78 | |||||||||||||||||
Rent expense | 155 | 182 | 97 | 108 | 58 | 47 | |||||||||||||||||
Interest expense | 81 | 75 | 98 | 65 | 30 | 21 | |||||||||||||||||
Income tax expense (savings) | 157 | 103 | 77 | (102 | ) | (80 | ) | 0 | |||||||||||||||
Consider the following questions independently. None of the six segments has a primarily financial nature.
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.)
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