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Calculate the reporting thresholds for revenue

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Question - Yogi Thcl LTD is a manufacturer and distributor of computers of related products. The company has three segments of computer monitors. Softwares and keyboards. Each segment generates its revenue from sales to external customers and from intra entity sales. Financial information is provided below.

Segment Revenue Expenses Assets

Monitors 520.000 538.000 1.600.000

Software 724.000 427.000 1.130.000

Keyboards 93.000 190.000 41.000

Required -

1. Calculate the reporting thresholds for revenue, results and assets according to AASB 8 operating segments. Show all your working. A table is not required

2. Using your calculation in (A) above, discuss which segments are reportable operating segments and explain the reason why. According to AASB 8 operations segments. Provide an overall conclusion in your answer.

3. Calculate and explain whether the 75% revenue benchmark test has been satisfied. Include working in your answer.

Reference no: EM133185809

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