Question
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 $ 1,825 $ 826 $ 528 $ 323 $ 135 $ 113 Intersegment revenues 30 105 123 0 30 316 Salary expense 628 393 416 326 331 76 Rent expense 153 180 95 106 56 45 Interest expense 79 73 96 63 28 19 Income tax expense (savings) 155 101 75 (100 ) (78 ) 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?
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