Ansfield, Inc For Ansfield, Inc

Multiple Choice

Ansfield, Inc.has several potentially reportable segments.The following financial information has been determined for the current fiscal year: ?

$$\begin{array} { l r } \text { Consolidated net income } & \$ 1,000,000 \\\text { Operating income before taxes } & 1,500,000 \\\text { Net operating income of all segments } & 1,350,000 \\\text { Total consolidated revenue } & 8,000,000 \\\text { Total revenue of all segments, } & \\\text { excluding intersegment sales } & 7,000,000 \\\text { Total intersegment sales } & 1,200,000 \\\text { Consolidated total assets } & 50,000,000 \\\text { Total assets of all segments } & 45,000,000\end{array}$$ 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.