Following is financial information describing the six operating segments that ma
ID: 2403583 • Letter: F
Question
Following is financial information describing the six operating segments that make up Fairfield, Inc. (in thousands):
Consider the following questions independently. None of the six segments has a primarily financial nature.
Segments Red Blue Green Pink Black White Sales to outside parties $ 1,817 $ 818 $ 520 $ 315 $ 127 $ 105 Intersegment revenues 22 97 115 0 22 308 Salary expense 620 385 408 318 323 68 Rent expense 145 172 87 98 48 37 Interest expense 71 65 88 55 20 11 Income tax expense (savings) 147 93 67 (92 ) (70 ) 0Explanation / Answer
Answer is 413
Minimum is 10% of total revenue
Red Blue Green Pink Black White Total Sales to outside parties 1,817 818 520 315 127 105 3,702 Intersegment revenues 22 97 115 0 22 308 564 Total revenue 1,839 915 635 315 149 413 4,266 % to total Revenue 43% 21% 15% 7% 3% 10% 100%