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The following is financial information describing the six operating segments that make up Fairfield, Inc. (in thousands): Segments Red Blue Green Pink Black White Sales
The 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 | $ | 1,822 | $ | 823 | $ | 525 | $ | 320 | $ | 132 | $ | 110 | |||||||||||
Intersegment revenues | 27 | 102 | 120 | 0 | 27 | 313 | |||||||||||||||||
Salary expense | 625 | 390 | 413 | 323 | 328 | 73 | |||||||||||||||||
Rent expense | 150 | 177 | 92 | 103 | 53 | 42 | |||||||||||||||||
Interest expense | 76 | 70 | 93 | 60 | 25 | 16 | |||||||||||||||||
Income tax expense (savings) | 152 | 98 | 72 | (97 | ) | (75 | ) | 0 | |||||||||||||||
Consider the following questions independently. None of the six segments have a primarily financial nature.
What volume of revenues must a single customer generate to necessitate disclosing the existence of a major customer
Volume of Revenues = ???
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