Question
Trimester Corporation's revenue for the year ended December 31, 20X8, was as follows: Consolidated revenue per income statement $ 600,000 Intersegment sales 55,000 Intersegment transfers
Trimester Corporation's revenue for the year ended December 31, 20X8, was as follows:
Consolidated revenue per income statement $ 600,000
Intersegment sales 55,000
Intersegment transfers 10,000
Combined revenue of all industry segments $ 665,000
Trimester has a reportable operating segment if that segment's revenue exceeds:
- A.$65,500
- B.$61,000
- C.$64,500
- D.$66,500
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Business Law
Authors: Henry Cheeseman
10th Edition
0134728785, 978-0134728780
