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Ansfield, Inc

Question 8

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:   For Ansfield, Inc. to report a significant portion of its financial information as segments, its segments, in total, must represent A) $37,500,000 in assets. B) $6,000,000 in revenues. C) $1,125,000 in operating income before taxes. D) The answer cannot be determined from the information given. For Ansfield, Inc. to report a significant portion of its financial information as segments, its segments, in total, must represent


A) $37,500,000 in assets.
B) $6,000,000 in revenues.
C) $1,125,000 in operating income before taxes.
D) The answer cannot be determined from the information given.

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