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Company X has five business segments in total. The Net Income (i.e., Profits and Losses) for...

Company X has five business segments in total. The Net Income (i.e., Profits and Losses) for each of Company X’s five segments is given below:

Dubai: Loss of $1,000,000

Qatar: Loss of $6,000,000

Kuwait: Profit of $1,000,000

Oman: Loss of $9,000,000

Abu Dhabi: Profit of $800,000

Based on the above information only, which of the above segments are classified as reportable segments?

Select one:

a. Both Qatar and Oman

b. None of these answers

c. Dubai, Kuwait and Oman

d. Qatar, Dubai and Oman

e. All Segments

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