Multiple Choice
_____ An entity that operates in several industries has (a) external sales of $50,000,000, (b) intrasegment sales of $5,000,000, and (c) intersegment sales of $4,000,000. In performing the 75% test, the 75% is applied to
A) $4,000,000
B) $50,000,000
C) $54,000,000
D) $55,000,000
E) $59,000,000
Correct Answer:
Verified
Correct Answer:
Verified
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