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[ The following information applies to the questions displayed below. ] d . Now assume each of these six segments has a profit or loss
The following information applies to the questions displayed below. d Now assume each of these six segments has a profit or loss in thousands as follows. Which segments warrant separate disclosure?
Note: You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct
answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark
will be automatically graded as incorrect. c What volume of revenues must a single customer generate to necessitate disclosing the existence of a major customer?
Note: Enter your answer in dollars but not in thousands.
The following is financial information describing the six operating segments that make up Chucktown Sauce
Company in thousands:
Consider the following questions independently. None of the six segments have a primarily financial nature.
Required:
a What minimum revenue amount must any one segment generate to be of significant size to require disaggregated disclosure?
Note: Enter your answer in dollars but not in thousands.
c What volume of revenues must a single customer generate to necessitate disclosing the existence of a major customer?
Note: Enter your answer in dollars but not in thousands.
d Now assume each of these six segments has a profit or loss in thousands as follows. Which segments warrant separate disclosure?
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