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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.
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): Red $1,817 22 620 145 71 147 Sales to outside parties Intersegment revenues Salary expense Rent expense Interest expense Income tax expense (savings) Blue $ 818 97 385 172 65 Segments Green Pink $ 520 $ 315 115 318 98 Black $ 127 22 323 48 White $ 105 308 68 37 408 87 88. 67 55 20 11 93 (92) (70) 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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