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Thompson Corp

Question 16

Multiple Choice

Thompson Corp. was engaged solely in manufacturing operations. The following data pertain to the operating segments for 2020: Thompson Corp. was engaged solely in manufacturing operations. The following data pertain to the operating segments for 2020:   What is the minimum amount of revenue that each of these segments must earn to be considered separately reportable? A)  $4,585,000. B)  $3,502,500. C)  $5,490,200. D)  $4,670,000. E)  $9,595,000. What is the minimum amount of revenue that each of these segments must earn to be considered separately reportable?


A) $4,585,000.
B) $3,502,500.
C) $5,490,200.
D) $4,670,000.
E) $9,595,000.

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