Significant Foreign Operations
Information about the domestic and foreign operations of Radon Inc. is as follows:
Geographic Area | ||||||
| United States | Britain | Brazil | Israel | Australia | Total |
Sales to unaffiliated customers | $364,000 | $252,000 | $72,000 | $58,000 | $47,000 | $ 793,000 |
Interarea sales between affiliates | 38,000 | 19,000 | 6,000 |
|
| 63,000 |
Total revenue | $402,000 | $271,000 | $78,000 | $58,000 | $47,000 | $ 856,000 |
Profit | 34,500 | 22,500 | 11,300 | 3,200 | 4,500 | 76,000 |
Long-lived assets | 509,000 | 439,000 | 93,000 | 66,000 | 75,000 | 1,182,000 |
Required
Prepare schedules showing appropriate tests to determine which countries are material, using a 10 percent materiality threshold.
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