Answer with all working Miami Co. shows the following Industries (segments):IndustryASelect one:O a. twoO b. threec. fourRevenue$ 10,000,0008,000,0007,000,0003,100,0003,150,0001.500.000Total $ 32,750,000O d. fiveO e. sixBUDEFProfit$1,600,0001,400,0001,600,000450,000375,000(550.000)$4.875.000QUESTIONUnder IFRS, how many reportable segments does Miami Co. have?Assets$ 20,000,00018,000,00013,500,0006,500,0005,000,0004.000.000$ 67,000,000

An operating segment is reportable ifThe operating sgement revenue is or exceeds10 % the combine…

Answered: 000 200 200 200 200 1,400,000 1,600,000…

Business

Accounting

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

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Answer with all working

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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