Yogi-Tech Ltd is a manufacturer and distributer of computer related products. The company has three segments Computer monitors, Software 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 ($) Monitors 520,000 538,000 1,600,000 Software 724,000 427,000 1,130,000 Keyboards 93,000 190,000 41,000 Required: Discuss with supporting calculations, which segments are reportable operating segment according to AASB 8 Operating Segments. Show key workings to support your answer.
Yogi-Tech Ltd is a manufacturer and distributer of computer related products. The company has three segments Computer monitors, Software and Keyboards. Each segment generates its revenue from sales to external customers and from intra-entity sales. Financial information is provided below. Segment Revenue ($) 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: Discuss with supporting calculations, which segments are reportable operating segment according to AASB 8 Operating Segments. Show key workings to support your answer.
Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter4: Profitability Analysis
Section: Chapter Questions
Problem 17PC
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Question
![Yogi-Tech Ltd is a manufacturer and distributer of computer related products. The company has three segments Computer monitors, Software 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 ($)
Monitors
520,000
538,000
1,600,000
Software
724,000
427,000
1,130,000
Keyboards
93,000
190,000
41,000
Required:
Discuss with supporting calculations, which segments are reportable operating segment according to AASB 8 Operating Segments.
Show key workings to support your answer.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F48bfc17a-bd14-404d-82ce-4f50c2035bf2%2F01840295-0962-48fe-9e85-f6676b46ceba%2Fcop5cws_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Yogi-Tech Ltd is a manufacturer and distributer of computer related products. The company has three segments Computer monitors, Software and Keyboards. Each segment generates its
revenue from sales to external customers and from intra-entity sales. Financial information is provided below.
Segment
Revenue ($)
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:
Discuss with supporting calculations, which segments are reportable operating segment according to AASB 8 Operating Segments.
Show key workings to support your answer.
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