Correct the mistakes in the tables A & C

laft Corporation operates primarily in the United States. However, a few years ago. it opened a plant in Spain to produce merchandise to sell there. This foreign operation has been so successful that during the past 24 months the company started a manufacturing plant in Italy and another in Greece. Financial information for each of these facilities follows: Spain Italy Greece Sales $ 191,888 $ 615,888 $ 65,888 Intersegment transfers 8 188,388 75,888 Operating expenses 187,888 221,888 285,888 Interest expense 22,888 35,888 25,888 Income taxes 73,888 25,888 48,888 Long-lived assets 184,888 165,888 115,888 The company's domestic (U.S.) operations reported the following information for the current year: Sales to unaffiliated customers $ 4,568,888 Intersegment transfers 457,888 Operating expenses 2,448,888 Interest expense 151,888 Income taxes 8d9,888 Longlived assets 2,238,888 Taft has adopted the following criteria for determining the materiality of an individual foreign country: (1) Sales to unaffiliated customers within a country are 10 percent or more of consolidated sales, or {2) longlived assets within a country are 10 percent or more of consolidated longlived assets. a. Calculate sales to unaffiliated customers within a country and as a percent of the consolidated sales. b. Calculate longlived assets within a country and as a percentage of the longlived assets. c. Apply Taft's materiality tests to identify the countries which are 10 percent or more of consolidated sales or consolidated longslived assets to be reported separately. Complete this question by entering your answers in the tabs below. Required A Required B Required C Calculate sales to unaffiliated customers within a country and as a percent of the consolidated sales. (Round your percentage answers to 2 decimal places.) United $ States 4,650,0009 78-53 9 % Spain 191,000 0 3.23 9 % ltaly 615,000 a 10.39 9 % Greece 465,000 0 7.35 e % $ 0 Total 59213000 100.00 A, Complete this question by entering your answers in the tabs below. Required A Required B Required C Apply Taft's materiality tests to identify the countries which are 10 percent or more of consolidated sales or consolidated long |ived assets to be reported separately. None of the above 6 \f