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Consider the Following List of Operating Segments and Segment Assets

question 14

Multiple Choice

Consider the following list of operating segments and segment assets for the current reporting period relating to Arwen Ltd,and answer the question below.  Operating segment  Segment assets  in $  Clothing 250000 Household 350000 Fast food ? Multimedia 880000 Other operations 175000\begin{array} { | l | r | } \hline \text { Operating segment } & \begin{array} { l } \text { Segment assets } \\\text { in \$ }\end{array} \\\hline \text { Clothing } & 250000 \\\hline \text { Household } & 350000 \\\hline \text { Fast food } & ? \\\hline \text { Multimedia } & 880000 \\\hline \text { Other operations } & 175000\\\hline\end{array} What is the minimum asset amount (rounded to the nearest $1000) that the fast food segment should have for that segment to be considered a reportable segment according to AASB 8?


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