QUESTION: Kaycee Corporation's revenues for the year ending December 21, 2010, where as follows:
Consolidated Revenue per the Income Statement: $1,200,000
Upstream Intersegment Sales: $180,000
Downstream Intersegment Sales: $60,000
For the purpose of the Revenue Test, what amount will be used as the benchmark for determining whether a segment is reportable?
a) $24,000
b) $120,000
c) $138,000
d) $144,000
e) $0.00