Company A is a listed diversied retail company. Its stores are located mainly in the...

60.1K

Verified Solution

Question

Accounting

Company A is a listed diversied retail company. Its stores are located mainly in the United Kingdom.It has three main types of stores: general department stores, liquor stores and specialist toy stores. Each of these stores has different products, customer types and distribution processes. In accordance with IFRS 8, Company A has identied three operating segments: general department stores, liquor stores and specialist toy stores. All three business units earn most of their revenue from external customers. Total consolidated revenue of company A is $600 million. General department stores $m Liquor stores $m Toy stores $m All segments $m Revenue 400 100 50 550 Segment result (profit) 15 7 4 26 Assets 900 200 100 1 200

Required Using the information provided about Company A to analyze the relative protability of the reportable segments.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students