Question
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.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started