Foley Corporation has seven industry segments with total revenues as follows. Penley $600 Cheng $ 225 Konami

Question:

Foley Corporation has seven industry segments with total revenues as follows.

Penley $600 Cheng $ 225

Konami 650 Takuhi 200

KSC 250 Molina 700

Red Moon 275

Based only on the revenues test, which industry segments are reportable?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...