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QUESTION 3: Segment Reporting-Data & Response (5 marks) Beach Co. has five industry segments with the following information Total Total Operating Revenues Total Profit

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QUESTION 3: Segment Reporting-Data & Response (5 marks) Beach Co. has five industry segments with the following information Total Total Operating Revenues Total Profit Assets (Loss) Towels 560 000 $ 15,000 21.000 Chair 10,000 (2.000 125,000 Swimwear 30,000 3.200 95,000 18.000 1,500 $1,000 Snorkels 25,000 5,000 157,000 11 REQUIRED; (1). Determine which of the operating segments are reportable under IFRS based on 12 the ASSETS test only Select your answer from the drop-down box provided. 13 The operating segments are 208 (2). Determine which of the operating segments are reportable under IFRS based on the OPERATING PROFIT (LOSS) test only Select your answer from the drop-down box 17 provided 18 The operating segments are pport your STOWEE Cover Sheet Q1 Q2 Q3 Q4 Q5 Q6 Q7 Q8 +

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