What Is the Minimum Amount of Revenue That Each of These

question 37

Multiple Choice

What is the minimum amount of revenue that each of these segments must earn to be considered separately reportable?

• A) $4,343,684.
• B) $4,826,316.
• C) $5,067,632.
• D) $4,585,000.
• E) $4,705,658.

---

Definitions:

Goods

All physically existing things that are movable at the time of identification to the contract for sale.

United States Code

A comprehensive consolidation and codification of the general and permanent federal statutes of the United States.

Bankruptcy Code

The collection of laws and regulations that govern the process of bankruptcy in the United States.

Voluntary Liquidation

The process of dissolving a company by its own decision, distributing its assets to creditors and shareholders.