Minnie Co. does business in three segments: Theme Parks, Movie Production, and Merchandise. The following information from the current year is available: Current Year Prior Year Segment (in thousands) (in thousands) Theme Parks $ 776,000 $664,000 Movie Production 824,000 596,000 Merchandise 495,000 325,000 Total revenues $2,095,000 $1,585,000 Prepare a vertical analysis of the segment data. Calculate the percentage to four decimal places, then round your answer to two decimal places. Do not enter the percent sign. Note: Due to rounding the total percentages may not equal 100%. Minnie Co. Vertical Analysis Segment Current Year Amount (in thousands) Current Year Percent Prior Year Amount (in thousands) Prior Year Percent Theme Parks $776,000 $664,000 Movie Production 824,000 596,000 Merchandise 495,000 325,000 Total revenues $2,095,000 $1,585,000

Minnie Co. does business in three segments: Theme Parks, Movie Production, and Merchandise. The following information from the current year is available: Current Year Prior Year Segment (in thousands) (in thousands) Theme Parks $ 776,000 $664,000 Movie Production 824,000 596,000 Merchandise 495,000 325,000 Total revenues $2,095,000 $1,585,000 Prepare a vertical analysis of the segment data. Calculate the percentage to four decimal places, then round your answer to two decimal places. Do not enter the percent sign. Note: Due to rounding the total percentages may not equal 100%. Minnie Co. Vertical Analysis Segment Current Year Amount (in thousands) Current Year Percent Prior Year Amount (in thousands) Prior Year Percent Theme Parks $776,000 $664,000 Movie Production 824,000 596,000 Merchandise 495,000 325,000 Total revenues $2,095,000 $1,585,000

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter5: The Income Statement And The Statement Of Cash Flows

Section: Chapter Questions

Problem 3RE: Shaquille Corporation began the current year with inventory of 50,000. During the year, its...

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