Solution-What is the minimum amount of sales to be a major

What is the minimum amount of sales to be a major customer

Reference no: EM133134177

Question - In the income statement for the current year, JK Company reported revenue P50,000,000, excluding intersegment sales P10,000,000, expenses P47,000,000 and net income P3,000,000. Expenses included payroll costs of P15,000,000. The combined identifiable assets of all operating segments at year-end totaled P40,000,000. What is the minimum amount of sales to be a major customer?

Reference no: EM133134177

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What is the minimum amount of sales to be a major customer

Reference no: EM133134177

Reference no: EM133134177

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