How many reportable segments do FRUITAS have for year 2021 in accordance with IFRS 8, Operating Segments? FRUITY Company has six divisions that operate in the Philippines. The financial statements of FRUITY for 2021 showed the following:AssetsLiabilitiesEquityRevenueNet ProfitP5,000,000 P3,000,0005,000,0001,000,0001,000,000Orange15,000,0004,500,0008,000,0003,500,00010,000,0001,500,00020,000,00015,000,000৪,000,0003,500,0003,000,0002.500,0001,000,0002,200,0004,000,0001,000,000P.PBananaPear3,000,000AppleGrapes2,500,000300,000500,0001,300,0002,300,000Coconut5,500,0005,000,000500,000TOTAL37,800,00017,800,00020,000,000P11,000,000PPP52,000,000Assume the following distribution of revenues for each segment:From third party customersFrom other divisionsOrange95%5%Banana35%65%Рear80%20%Apple100%NoneGrapes85%15%Coconut45%55%

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FRUITY Company has six divisions that operate in the Philippines. The financial statements of FRUITY for 2021 showed the following: Assets Liabilities Equity Revenue Net Profit 15,000,000 4,500,000 8,000,000 3,500,000 1,300,000 5,500,000 37,800,000 5,000,000 P 3,000,000 5,000,000 1,000,000 1,000,000 5,000,000 20,000,000 Orange Banana P 10,000.000 P 1.500,000 20,000,000 P 15,000,000 8,000,000 P. 1,000,000 2,200,000 Pear 3,000,000 4,000,000 Apple Grapes Coconut TOTAL 2.500,000 300,000 500,000 P 17,800,000 3,500,000 1,000,000 3,000,000 2,300,000 2.500,000 500,000 P P P 52,000,000 P 11.000,000 Assume the following distribution of revenues for each segment: From third party customers From other divisions Orange 95% 5% Banana 35% 65% Pear 80% 20% Apple 100% None Grapes 85% 15% Coconut 45% 55%

FRUITY Company has six divisions that operate in the Philippines. The financial statements of FRUITY for 2021 showed the following: Assets Liabilities Equity Revenue Net Profit 15,000,000 4,500,000 8,000,000 3,500,000 1,300,000 5,500,000 37,800,000 5,000,000 P 3,000,000 5,000,000 1,000,000 1,000,000 5,000,000 20,000,000 Orange Banana P 10,000.000 P 1.500,000 20,000,000 P 15,000,000 8,000,000 P. 1,000,000 2,200,000 Pear 3,000,000 4,000,000 Apple Grapes Coconut TOTAL 2.500,000 300,000 500,000 P 17,800,000 3,500,000 1,000,000 3,000,000 2,300,000 2.500,000 500,000 P P P 52,000,000 P 11.000,000 Assume the following distribution of revenues for each segment: From third party customers From other divisions Orange 95% 5% Banana 35% 65% Pear 80% 20% Apple 100% None Grapes 85% 15% Coconut 45% 55%

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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