1. XYZ Inc. provided the following profit (loss) relating to operating segments: Segment V. P3,400,000; Segment W, P1,000,000; Segment X , (P2,000,000); Segment Y, P400,000; Segment Z, (P200,000). What are the reportable segments based on profit or loss?

2.Pikachu Company provided the following information in relation to operating divisions for the current year: Sales to unaffiliated customers,

P20,000,000; Intersegment sales of products similar to those sold to unaffiliated customers, P6,000,000; Interest earned on loans

to other industry segments, P400,000. Under the revenue test, what is the minimum revenue of a reportable segment?

3.Entei is subject to the requirements of segment reporting. In the income statement for the current year, the entity reported revenue of

P50,000,000 excluding intersegment sales of P10,000,000, expenses of P47,000,000 and net income of P3,000,000. Expenses included

payroll costs of P15,000,000. The combined total assets of all operating segments at year-end amounted to P45,000,000. What is the

minimum amount of sales to a major customer?

4.Consider the information provided by the immediately preceding problem, what is the minimum amount of external revenue to be

disclosed by reportable segments?

5.What is the maximum number of reportable segments to be presented as required by IAS 34?