The following information pertains to the Liberty Company and its divisions for the year ended December 31, 2014 : Sales to unaffiliated customers P10,000,000 Inter- segment sales of products similar to those sold to unaffiliated customers 2,000,000 Liberty Company all its divisions are engaged solely in manufacturing operations. Liberty has a reportable segment if the segment's revenue will total to what amount?
The following information pertains to the Liberty Company and its divisions for the year ended December 31, 2014 : Sales to unaffiliated customers P10,000,000 Inter- segment sales of products similar to those sold to unaffiliated customers 2,000,000 Liberty Company all its divisions are engaged solely in manufacturing operations. Liberty has a reportable segment if the segment's revenue will total to what amount?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The following information pertains to the Liberty Company and its divisions for the year ended December 31, 2014 :
Sales to unaffiliated customers P10,000,000
Inter- segment sales of products similar to those sold to unaffiliated customers 2,000,000
Liberty Company all its divisions are engaged solely in manufacturing operations.
Liberty has a reportable segment if the segment's revenue will total to what amount?
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