Presented Below Are Four Segments That Have Been Identified by Mango

question 9

Multiple Choice

Presented below are four segments that have been identified by Mango Corp.: $\begin{array}{cccc}&&\text { Operating }\\\text { Segments } & \text { Total Revenue } & \text { Profit (Loss) } & \text { Assets } \\\text { A } & \$ 300,000 & \$ 40,000 & \$ 1,200,000 \\\text { B } & 800,000 & (70,000) & 1,200,000 \\\text { C } & 300,000 & 6,000 & 600,000 \\\text { D } & 120,000 & 8,000 & 300,000\end{array}$ According to IFRS, which segments would be considered reportable segments?

• A) Segments A, B, and C
• B) Segments A, B, C, and D
• C) Segments A and B
• D) Segments A and D

---

Definitions:

Stock Prices

The monetary value assigned to a company's ownership shares, as determined by market supply and demand.

Positive Prices

Prices that are above zero, indicating that a commodity has value and is being traded in a market.

Net Earnings

The amount of profit that remains after all operating expenses, taxes, and interest are subtracted from total revenue.

Interest Rates

The percentage of a sum of money charged for its use, indicating the cost of borrowing money or the return on invested savings.