Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Livro Company has three operating segments with the following information: Books Calendars Bags Sales to outsiders $ 12,000 $ 9,000 $ 8,000 Intersegment transfers 1,000
Livro Company has three operating segments with the following information: Books Calendars Bags Sales to outsiders $ 12,000 $ 9,000 $ 8,000 Intersegment transfers 1,000 500 1,500 In addition, corporate headquarters generates revenues of $2,000. What is the minimum amount of revenue that each of these segments must generate to be considered separately reportable?
EXPLAIN WHY WE CANT INCLUDE THE 2000 REVENUE . AND STEP BY STEP
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started