McTavich plc has four operating segments. The following information relates to the year ending 31 March 2020:

Question:

In addition to the external revenue shown above, Segment P earned revenue of £4.6m from sales to other operating segments. Identify the company's reportable segments for the year to 31 March 2020 in accordance with the requirements of IFRS8.

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International Financial Reporting

ISBN: 9781292293127

7th Edition

Authors: Alan Melville

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Question Posted: Jan 19, 2023 11:56 PM

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McTavich plc has four operating segments. The following information relates to the year ending 31 March 2020:

Question:

Segment P Segment Q Segment R Segment S External Revenue £000 27,300 36,100 6,200 7,800 Profit/(loss) £000 2,450 3,150 (230) (550) Assets £000 14,540 16,490 3,170 3,800

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According to IFRS 8 a reportable segment is one that meets at l...View the full answer

International Financial Reporting

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