emaining Time: 2 hours, 09 minutes, 10 seconds. Question Completion Status: QUESTION 1 17 points Save Answer Lyndoch Ltd is a wine manufacturer. The company has three segments Merlot, Sparkling and Cabernet. Each segment generates its revenue from sales to external customers and from intra-entity sales. Financial information is provided below. Segment Merlot Revenue ($) 520,000 Expenses ($) 538,000 Assets ($) 1,600,000 Sparkling Cabernet 724,000 93,000 427,000 1,130,000 190,000 41,000 Required: a) Calculate the reporting thresholds for revenue, results and assets according to AASB 8 Operating Segments. Show all your workings. A table is not required. (5 marks) b) Using your calculations in a) above, discuss which segments are reportable operating segments and explain the reason why, according to AASB 8 Operating Segments. Provide an overall conclusion in your answer. (9 marks) c) Calculate and explain whether the 75% revenue benchmark test has been satisfied. Include workings in your answer. (3 marks) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS 32 Paragraph === Ix Open Sans,sa... v 10pt Ev A v >IT IT < ABC - Click Save and Submit to save and submit. Click Save All Answers to save all answers. SAMSUNG Q Save All Answers Save and Submit WEBCAM