Terra Co.'s total revenues from its three operating segments were as follows: | Sales to
unaffiliated
customers | Intersegment
sales | Total
revenues |
|---|
| Lion | $ 70,000 | $ 30,000 | $ 100,000 | | Monk | 22,000 | 4,000 | 26,000 | | Nevi | 8,000 | 16,000 | 24,000 | | Combined | 100,000 | 50,000 | 150,000 | | Elimination | - | (50,000) | (50,000) | | Consolidated | $ 100,000 | $ - | $ 100,000 |
Which operating segment(s) is (are) deemed to be reportable segments?
|
a. | Lion, Monk, and Nevi. | |
b. | Lion only. | |
c. | Lion and Monk only. | |
d. | None. |
|
