Refer to the latest financial report of JB Hi-Fi Limited on its website, www.jbhifi.com.au, and answer the following questions:

1. Is JB Hi-Fi Limited segmented?

2. Could JB Hi-Fi Limited be described as a diversified economic entity? Explain why.

3. Describe how segmental information is presented in the report and comment on the degree of disclosure of segmental performance and position in the income statement and balance sheet.

4. Do you believe that the users of the annual report would be better served if segmental information was presented in the income statement? Explain.