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Business, 15.04.2021 21:00 starfox5454

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. (Round your percentage answers to 1 decimal place.)

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