Question
Rinehart Ltd has five operating segments: Albany, Bunbury, Broome, Geraldton and Karratha. The following table provides some information in relation to each of these segments
Rinehart Ltd has five operating segments: Albany, Bunbury, Broome, Geraldton and Karratha. The following table provides some information in relation to each of these segments for the year ended 30 June 2022
. Segment Revenue Profit/(loss) Assets Albany 48,000 1,800 40,000 Bunbury 9,000 -1,200 20,000 Broome 32,000 -500 15,000 Geraldton 29,000 2,500 7,000 Karratha 5,000 1,900 10,000 Total 123,000 4,500 92,000
Rinehart Ltd is trying to determine which operating segments are reportable segments. When applying the quantitative thresholds in AASB 8 to determine the reportable segments, which segments meet the revenue thresholds?
Albany, Broome and Geraldton
Albany, Bunbury, Broome and Geraldton
Broome & Geraldton
Albany, Bunbury & Karratha
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