Multiple Choice
The following information pertains to Aria Co.(Aria) and its operating segments for the year ended December 31,20X6:
Sales to unaffiliated customers $2,000,000
Intersegment sales of products $600,000
Interest earned on loans to other industry segments $40,000
Aria and all its divisions are engaged solely in manufacturing operations.Aria evaluates divisional performance based on controllable contribution by segments.Aria has a reportable segment if that segment's revenue exceeds:
A) $200,000
B) $260,000
C) $204,000
D) $264,000
Correct Answer:
Verified
Correct Answer:
Verified
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