Business, 22.04.2021 19:10 heavyhearttim
Main Manufacturing Corporation reported consolidated revenues of $50,000,000 on its income statement for 20X8. The management of the corporation identified 3 industry segments, M, N, and O. These segments had the following intersegment sales and transfers during 20X8: Operating Segment Intersegment Sales and Transfers M $ 2,000,000 N $ 2,400,000 O $ 3,000,000 For Main Manufacturing Corporation, the revenue test would be satisfied if any of its industry segments had revenue equal to or greater than which of the following?
A) $7,400,000
B) $5,740,000
C) $5,000,000
D) $4,260,000
Answers: 2
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