THE PROBLEM Magic Company have the following 9 operating units that we have to identify as reportable segment. Unit 1 2 3 4 5 6 7 8 9 TOTAL Revenue External 34,000 3,000 15,000 30,000 35,000 35,000 77,500 55,500 25,000 310,000 Internal 35,000 34,000 12,500 2,200 1,500 7,800 2,300 95,300 Profit/(Loss) 21,500 24,500 (4 500) 2 300 10,000 7,500 3,500 35,000 (21,250) 78 550 Asset 12,250 77,800 25,000 24,000 40,000 7,730 145,000 55,000 4,300 391,080 Assuming that none are eligible for aggregation under the qualitative aggregation criteria set out at 3.2.1 above, which units are required to be reported as operating segments in the entity's financial statements? If A Unit whose internal and external revenue is 10% or more of the total revenue of all segments is a reportable segment. Which segment is reportable? Just write the unit number. Ex. 1,2,5. Don't use and as a conjunction and NO spacing in between commas.IMPORTANT INFORMATION - THE NEW IFRS 8 - REPORTABLE SEGMENT Information is required to be disclosed separately about an operating segment that meets ANY of the following quantitative thresholds: - 1. Its reported revenue, including both sales to external customers and intersegment sales or transfers, is 10 per cent or more of the combined revenue, internal and external, of all operating segments. 2. The absolute amount of its reported profit or loss is 10 per cent or more of the greater, in absolute amount, of: a. The combined reported profit of all operating segments that did not report a loss; and b. The combined reported loss of all operating segments that reported a loss. - 3. Its assets are 10 per cent or more of the combined assets of all operating segments. . If the total external revenue reported by operating segments constitutes less than 75% of the total revenue, additional operating segments shall be identified as reportable segments until at least 75% of the entity's revenue is included in reportable segments. THE PROBLEM Magic Company have the following 9 operating units that we have to identify as reportable segment. Unit 2 3 4 5 6 7 8 9 TOTAL Revenue External 34,000 3,000 15,000 30,000 35,000 35,000 77,500 55,500 25,000 310,000 Internal 35,000 34,000 12,500 2,200 1,500 7,800 2,300 95,300 Profit/(Loss) 21,500 24,500 (4,500 2,300 10,000 7,500 3,500 35,000 (21,250 78 550 Asset 12,250 77,800 25,000 24,000 40,000 7,730 145,000 55,000 4,300 391,080 Assuming that none are eligible for aggregation under the qualitative aggregation criteria set out at 3.2.1 above, which units are required to be reported as operating segments in the entity's financial statements? Which is(are) not reportable segment(s) using the three thresholds above? Use only the unit number. Ex. 1,5,7. Don't use and as a conjunction and NO spacing in between commas