Yogi Thcl LTD is a manufacturer and distributor of computers of related products. The company has three segments of computer monitors. Softwares and keyboards. Each segment generates its revenue from sales to external customers and from intra entity sales. Financial information is provided below.

 

Segment                  Revenue                   Expenses                     Assets

Monitors                   520.000                    538.000                       1.600.000

Software                   724.000                    427.000                       1.130.000

Keyboards                93.000                       190.000                              41.000

1. Required
2. 1. Calculate the reporting thresholds for revenue, results and assets according to AASB 8 operating segments. Show all your working. A table is not required
3. 2. Using your calculation in (A) above, discuss which segments are reportable operating segments and explain the reason why. According to AASB 8 operations segments. Provide an overall conclusion in your answer.
4. 3. Calculate and explain whether the 75% revenue benchmark test has been satisfied. Include working in your answer. 

Answer rating: 100% (QA)

To determine the reportable operating segments according to AASB 8 we need to calculate the reporting thresholds for revenue results and assets The reporting thresholds are used to identify segments t... View the full answer