26. Chambers Company has seven operating segments but only four (One, Two, Three, and Four)...
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26. Chambers Company has seven operating segments but only four (One, Two, Three, and Four) are of significant size to warrant separate disclosure. As a whole, the segments generated revenues of $1,010,000 ($780,000 +$230,000) from sales to outside customers. In addition, the segments had $300,000 in intersegment sales ($250,000S50,000). Outside Sales Intersegment Sales $270,000 200,000 160,000 150,000 $780,000 $100,000 80,000 50,000 $230,000 One wo Three Four $110,000 70,000 40,000 30,000 Totals Flve Six Seven $20,000 10,000 20,000 $ 50,000 Totals Which of the following statements is true? a. A sufficient number of segments is being reported because those segments have $1,030,000 in b. Not enough segments are being reported because those segments have $780,000 in outside sales c. Not enough segments are being reported because those segments have $1,030,000 in total rev d. A sufficient number of segments is being reported because those segments have $780,000 in total sales of a total of $1,310,000 for the company as a whole of a total of $1,010,000 for the company as a whole. enues of a total of $1,310,000 for the company as a whole. outside sales of a total of $1,010,000 for the company as a whoke
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