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.
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)
$745
339
211
$1,295
Total revenues
Payton Company
Vertical Analysis
Current Year
Amount
(in millions)
$745
339
211
$1,295
Current Year
Percent
%
Prior Year (in millions)
$660
244
166
$1,070
%
Prior Year
Amount
(in millions)
$660
244
166
$1,070
Prior Year
Percent
%
%
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Transcribed Image Text: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) $745 339 211 $1,295 Total revenues Payton Company Vertical Analysis Current Year Amount (in millions) $745 339 211 $1,295 Current Year Percent % Prior Year (in millions) $660 244 166 $1,070 % Prior Year Amount (in millions) $660 244 166 $1,070 Prior Year Percent % %
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