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A company, with no inter-segment revenue, reports total revenue for an accounting period of 15m....

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Accounting

A company, with no inter-segment revenue, reports total revenue for an accounting period of 15m. The company's total assets are 43m. The total profit or all profitable segments for the period is 2.6m and the total losses of all loss-making segments are 1.9m. Operating segment X has external revenue of 1.4m, total assets of 4.1m and made a loss of 250,000. Is segment X a reportable segment according to IFRS 8? Explain your reasoning

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