000 200 200 200 200 1,400,000 1,600,000 450,000 375,000 (550.000) 18,00 13,50 6,50 5,00
000 200 200 200 200 1,400,000 1,600,000 450,000 375,000 (550.000) 18,00 13,50 6,50 5,00
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Answer with all working

Transcribed Image Text:Miami Co. shows the following Industries (segments):
Industry
A
Select one:
O a. two
O b. three
c. four
Revenue
$ 10,000,000
8,000,000
7,000,000
3,100,000
3,150,000
1.500.000
Total $ 32,750,000
O d. five
O e. six
BUDE
F
Profit
$1,600,000
1,400,000
1,600,000
450,000
375,000
(550.000)
$4.875.000
QUESTION
Under IFRS, how many reportable segments does Miami Co. have?
Assets
$ 20,000,000
18,000,000
13,500,000
6,500,000
5,000,000
4.000.000
$ 67,000,000
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