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Clive Ltd has four operating segments that the chief operating decision maker reviews when making assessments regarding formance and evaluating and making resource allocation decisions. Details concerning these segments are as follows: Construction Building Supplies Information Technology Agriculture Corporate Overheads Total Sales $ 700 000 300 000 110 000 10 000 Profit before Tax $ 66 000 36 000 -10 00ð 4 000 -50 000 Assets $ 8.000 3 500 2 000 200 90 000 Additional Information Sales of the building supplies segment are primarily external and within Australia. however, included in total sales of $300 000 are $50 000 inter-segment sales to the ont and these sales generated a profit of $5.000. No other

Clive Ltd has four operating segments that the chief operating decision maker reviews when making assessments regarding formance and evaluating and making resource allocation decisions. Details concerning these segments are as follows: Construction Building Supplies Information Technology Agriculture Corporate Overheads Total Sales $ 700 000 300 000 110 000 10 000 Profit before Tax $ 66 000 36 000 -10 00ð 4 000 -50 000 Assets $ 8.000 3 500 2 000 200 90 000 Additional Information Sales of the building supplies segment are primarily external and within Australia. however, included in total sales of $300 000 are $50 000 inter-segment sales to the ont and these sales generated a profit of $5.000. No other

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Clive Ltd has four operating segments that the chief operating decision maker reviews when making assessments regarding formance and evaluating and making resource allocation decisions. Details concerning these segments are as follows: Construction Building Supplies Information Technology Agriculture Corporate Overheads Total Sales $ 700 000 300 000 110 000 10 000 Profit before Tax 66 000 36 000 -10 000 4 000 -50 000 Assets $ 8.000 3 500 2 000 200 90 000 Additional Information Sales of the building supplies segment are primarily external and within Australia. however, included in total sales of $300 000 are $50 000 inter-segment sales to the construction segment and these sales generated a profit of $5.000 No other
Transcribed Image Text:Clive Ltd has four operating segments that the chief operating decision maker reviews when making assessments regarding formance and evaluating and making resource allocation decisions. Details concerning these segments are as follows: Construction Building Supplies Information Technology Agriculture Corporate Overheads Total Sales $ 700 000 300 000 110 000 10 000 Profit before Tax 66 000 36 000 -10 000 4 000 -50 000 Assets $ 8.000 3 500 2 000 200 90 000 Additional Information Sales of the building supplies segment are primarily external and within Australia. however, included in total sales of $300 000 are $50 000 inter-segment sales to the construction segment and these sales generated a profit of $5.000 No other
Additional Information Sales of the building supplies segment are primarily external and within Australia, however, included in total sales of $300 000 are $50 000 inter-segment sales to the construction segment and these sales generated a profit of $5 000. No other segments are involved in inter-segment sales. Required Determine which segments of AASB 8, showing all workings to support your conclusions. a reportable segments in accordance with the provisions View Insert Format Tools Table
Transcribed Image Text:Additional Information Sales of the building supplies segment are primarily external and within Australia, however, included in total sales of $300 000 are $50 000 inter-segment sales to the construction segment and these sales generated a profit of $5 000. No other segments are involved in inter-segment sales. Required Determine which segments of AASB 8, showing all workings to support your conclusions. a reportable segments in accordance with the provisions View Insert Format Tools Table
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