Payton Company has the following segment revenues for the two most recent fiscal years. Segment Current Year (in millions) Prior Year (in millions) China $790 $640 Canada 330 242 Other countries 213 167 Total revenues $1,333 $1,049 Prepare a vertical analysis of the segment data. Calculate the percentage to four decimal places, then round your answer to one decimal place. For percentages, do not enter the percent sign. Payton Company Vertical Analysis Segment Current Year Amount (in millions) Current Year Percent Prior Year Amount (in millions) Prior Year Percent China $790 % $640 % Canada 330 242 Other countries 213 167 Total revenues $1333 % $1049 %
Payton Company has the following segment revenues for the two most recent fiscal years. Segment Current Year (in millions) Prior Year (in millions) China $790 $640 Canada 330 242 Other countries 213 167 Total revenues $1,333 $1,049 Prepare a vertical analysis of the segment data. Calculate the percentage to four decimal places, then round your answer to one decimal place. For percentages, do not enter the percent sign. Payton Company Vertical Analysis Segment Current Year Amount (in millions) Current Year Percent Prior Year Amount (in millions) Prior Year Percent China $790 % $640 % Canada 330 242 Other countries 213 167 Total revenues $1333 % $1049 %
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 27E
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Question
Payton Company has the following segment revenues for the two most recent fiscal years.
Segment |
Current Year (in millions) |
Prior Year (in millions) |
| China | $790 | $640 |
| Canada | 330 | 242 |
| Other countries | 213 | 167 |
| Total revenues | $1,333 | $1,049 |
Prepare a vertical analysis of the segment data. Calculate the percentage to four decimal places, then round your answer to one decimal place. For percentages, do not enter the percent sign.
| Payton Company | ||||
| Vertical Analysis | ||||
| Segment | Current Year Amount (in millions) | Current Year Percent | Prior Year Amount (in millions) | Prior Year Percent |
| China | $790 | % | $640 | % |
| Canada | 330 | 242 | ||
| Other countries | 213 | 167 | ||
| Total revenues | $1333 | % | $1049 | % |
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