FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Payton Company has the following segment revenues for the two most recent fiscal years.
Current Year
Prior Year
(in millions)
(in millions)
Segment
China
$785
$630
Canada
333
246
Other countries
214
168
$1,044
Total revenues
$1,332
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
$785
$630
Canada
333
246
214
168
Other countries
$1332
$1044
Total revenues
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Transcribed Image Text:Payton Company has the following segment revenues for the two most recent fiscal years. Current Year Prior Year (in millions) (in millions) Segment China $785 $630 Canada 333 246 Other countries 214 168 $1,044 Total revenues $1,332 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 $785 $630 Canada 333 246 214 168 Other countries $1332 $1044 Total revenues
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