Twenty-First Century Fox, Inc. is one of the world's largest entertainment companies thatincludes Twentieth Century Fox films, Fox Broadcasting, Fox News, the FX, and varioussatellite properties. The company provided revenue disclosures by its major productsegments in the notes to its financial statements as follows:For a Recent YearMajor Product Segments(in millions)Cable Network Programming$13,773Television4,895Filmed Entertainment9,525Direct Broadcast Satellite Television2,112Total revenues of major segments$30,305a. Provide a vertical analysis of the product segment revenue. Round whole percents toone decimal place.b. Are the revenues of Twenty-First Century Fox, Inc. diversified or concentrated withina product segment? Explain.

a. The vertical analysis statement of the product segment revenue is as follows:

Answered: Twenty-First Century Fox, Inc. is one…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter7: Variable Costing For Management analysis

Section: Chapter Questions

Problem 1MAD

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