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Ansfield, Inc

Question 53

Multiple Choice

Ansfield, Inc. has several potentially reportable segments. The following financial information has been determined for the current fiscal year: Ansfield, Inc. has several potentially reportable segments. The following financial information has been determined for the current fiscal year: The minimum amount of assets a segment must have to qualify as reportable is ____. A) $4,500,000 B) $5,000,000 C) $37,500,000 D) The answer cannot be determined from the information given. The minimum amount of assets a segment must have to qualify as reportable is ____.


A) $4,500,000
B) $5,000,000
C) $37,500,000
D) The answer cannot be determined from the information given.

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