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QUESTION 2 (10 MARKS) The chief operating decision maker of Minima Bhd, a publicly traded company has defined operation into several segments. Various revenues, profits

QUESTION 2 (10 MARKS) The chief operating decision maker of Minima Bhd, a publicly traded company has defined operation into several segments. Various revenues, profits or losses and assets associated with the segment are as follows:

Revenue

Segment External Customer Sales RM Inter Segment Sales RM Total RM Operating Profit (Loss) RM Assets RM

Publishing 50,000 7,500 57,500 22,500 140,000

Talent Agency 10,000 - 10,000 (5,000) 40,000

Cable Networks 115,000 20,000 135,000 65,000 550,000

Radio Stations 22,500 2,500 25,000 (30,000) 160,000

Film Production 88,500 11,000 99,500 55,000 527,500

286,000 41,000 327,000 107,500 1,417,500

REQUIRED: (Round all numbers to TWO (2) decimal points)

Determine whether the reportable segments represent a significant portion of Minima Bhds revenues based on MFRS 8 Operating Segments.

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