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Slatter Corporation operates primarily in the United States. However, a few years ago, it opened a plant in Spain to produce merchandise to sell there.

Slatter Corporation operates primarily in the United States. However, a few years ago, it opened a plant in Spain to produce merchandise to sell there. This foreign operation has been so successful that during the past 24 months the company started a manufacturing plant in Italy and another in Greece. Financial information for each of these facilities follows:

Spain Italy Greece
Sales $ 425,000 $ 302,000 $ 493,000
Intersegment transfers 0 0 92,000
Operating expenses 202,000 236,000 220,000
Interest expense 28,000 41,000 31,000
Income taxes 79,000 31,000 46,000
Long-lived assets 221,000 136,000 102,000

The companys domestic (U.S.) operations reported the following information for the current year:

Sales to unaffiliated customers $ 4,730,000
Intersegment transfers 487,000
Operating expenses 2,470,000
Interest expense 166,000
Income taxes 879,000
Long-lived assets 1,954,000

Slatter has adopted certain criteria (each of the following requirements) for determining the materiality of an individual foreign country:

a.

Calculate sales to unaffiliated customers within a country and as a percent of the consolidated sales.(Round your percentage answers to 1 decimal place.)

I ONLY NEED PERCENTAGES REVENUES ARE CORRECT!!!!!!!!!!!!!!!!!!!

Segment Revenue Percent

United States 4,730,000

Spain 425,000

Italy 302,000

Greece 493,000

B) Calculate Long-Lived within a country and as a percentage of the Long-Lived Assets. (Round your percentage answers to 1 decimal place.)

Segment Asset Percent

United States 1,954,000

Spain 221,000

Italy 136,000

Greece 102,000

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