Solution-Determine the minimum amount of revenue

Determine the minimum amount of revenue

Reference no: EM133111690

Question - Information on an entity's operating segments is shown below:

Operating Segments	External Revenue	Internal Revenue	Total Revenue	Profit (Loss)	Identifiable Assets
A	1,200,000	200,000	1,400,000	(300,000)	5,000,000
B	900,000	120,000	1,000,000	(180,000)	1,300,000
C	800,000	250,000	1,050,000	220,000	900,000
D	600,000	160,000	760,00	270,000	1,800,000
E	300,000	-	300,000	(20,000)	800,000
F	200,000	-	200,000	(30,000)	1,200,000
Totals	4,000,000	710,000	4,710,000	(40,000)	11,000,000

Required -

1. Identify the reportable segments under the quantitative thresholds of PFRS 8.

2. Determine whether the reportable segments meet the limit on external revenues under PFRS 8.

3. Determine the minimum amount of revenue that warrants disclosure of a major customer.

Reference no: EM133111690

Questions Cloud

How much will you have in eight years : You are scheduled to receive $20,000 in two years. When you receive it, you will invest it for six more years at 6.4 percent per year. How much will you have

What is the amount of the coupon payment : What is the amount of the coupon payment the bond holder will receive in the first year

Estimate the risk of the investment : 1. Identify and Discuss, how to use beta to estimate the risk of the investment?

Compute amount of warranty expense on angel income statement : The units were repaired or replaced at a cost of $5.3 million in 2018. Compute the amount of warranty expense on Angel's 2018 income statement

Determine the minimum amount of revenue : Information on an entity's operating segments is shown below: Determine the minimum amount of revenue that warrants disclosure of a major customer

What is the cost of equity : 1. Western Bakeries just paid its annual dividend of $.64 a share. The stock has a market price of $16.35 and a beta of .83. The return on the U.S. Treasury bil

Relative cost of capital : Relative cost of capital and ready access to equity are helpful. Why?

How much do you have to invest each month : You would like to have $35,271 in 13 years. If the rate is 8.01%, how much do you have to invest each month

What is the equilibrium expected growth rate : The dividend is expected to grow at some constant rate, g, forever. What is the equilibrium expected growth rate?

User Account

All Pages

Determine the minimum amount of revenue

Reference no: EM133111690

Reference no: EM133111690

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT