Tuttle Company discloses supplementary operating segment information for its three reportable segments. Data for 20X3 are available as follows: Segment A Segment B Segment C Sales$500,000 $300,000 $200,000 Traceable operating expenses 250,000 120,000 90,000 Allocable costs for the year were $54,000. Allocable costs are assigned based on the ratio of a segment's income before allocable costs to total income before allocable costs. The 20X3 operating profit for Segment A was:
A. $223,000
B. $225,000
C. $250,000
D. $196,000
Answer: B
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Which of the following statements about gross domestic product (GDP) and gross national income (GNI) is true?
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