Solution-Calculate the reporting thresholds for revenue

Calculate the reporting thresholds for revenue

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Reference no: EM133184057

Question - 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

Required -

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

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.

3. Calculate and explain whether the 75% revenue benchmark test has been satisfied. Include working in your answer.

Reference no: EM133184057

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Calculate the reporting thresholds for revenue

Reference no: EM133184057

Reference no: EM133184057

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