[The following information applies to the questions displayed below.] The following is financial information describing the six operating segments that make up Chucktown Sauce Company (in thousands): Segments Red Blue Green Pink Black White Sales to outside parties $ 1,820 $ 821 $ 523 $ 318 $ 130 $ 108 Intersegment revenues 25 100 118 0 25 311 Salary expense 623 388 411 321 326 71 Rent expense 148 175 90 101 51 40 Interest expense 74 68 91 58 23 14 Income tax expense (savings) 150 96 70 (95) (73) 0 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.
[The following information applies to the questions displayed below.] The following is financial information describing the six operating segments that make up Chucktown Sauce Company (in thousands): Segments Red Blue Green Pink Black White Sales to outside parties $ 1,820 $ 821 $ 523 $ 318 $ 130 $ 108 Intersegment revenues 25 100 118 0 25 311 Salary expense 623 388 411 321 326 71 Rent expense 148 175 90 101 51 40 Interest expense 74 68 91 58 23 14 Income tax expense (savings) 150 96 70 (95) (73) 0 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.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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[The following information applies to the questions displayed below.]
The following is financial information describing the six operating segments that make up Chucktown Sauce Company (in thousands):
Segments
Red Blue Green Pink Black White
Sales to outside parties $ 1,820 $ 821 $ 523 $ 318 $ 130 $ 108
Intersegment revenues 25 100 118 0 25 311
Salary expense 623 388 411 321 326 71
Rent expense 148 175 90 101 51 40
Interest expense 74 68 91 58 23 14
Income tax expense (savings) 150 96 70 (95) (73) 0
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.
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