Payton Company has the following segment revenues for the two most recent fiscal years. Segment China Canada Other countries Total revenues Segment Prepare a vertical analysis of the segment data. Calculate the percentage to four decimal places, then round your answer to one decimal place. China Canada Other countries Current Year (in millions) $750 338 214 $1,302 Total revenues Payton Company Vertical Analysis Current Year Amount (in millions) $750 338 214 $1,302 Current Year Percent 10000 % Prior Year (in millions) $650 245 165 $1,060 % Prior Year Amount (in millions) $650 245 165 $1,060 Prior Year Percent % %
Payton Company has the following segment revenues for the two most recent fiscal years. Segment China Canada Other countries Total revenues Segment Prepare a vertical analysis of the segment data. Calculate the percentage to four decimal places, then round your answer to one decimal place. China Canada Other countries Current Year (in millions) $750 338 214 $1,302 Total revenues Payton Company Vertical Analysis Current Year Amount (in millions) $750 338 214 $1,302 Current Year Percent 10000 % Prior Year (in millions) $650 245 165 $1,060 % Prior Year Amount (in millions) $650 245 165 $1,060 Prior Year Percent % %
Financial Accounting
15th Edition
ISBN:9781337272124
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter5: Accounting Systems
Section: Chapter Questions
Problem 25E
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