FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Segment Analysis
Verity Company does business in two customer segments: Retail and Wholesale. The following annual revenue information was determined from the accounting system's invoice information:
20Y5
20Υ4
Retail
$145,400
$138,500
Wholesale
173,100
189,300
Total revenue
$318,500
$327,800
Prepare a horizontal analysis of the segments. Round percentages to one decimal place. Enter negative values as negative numbers.
Verity Company
Horizontal Analysis
For the Years 20Y4 and 20Y5
20Y5
20Y4
Difference - Amount Difference - Percent
Retail
$145,400 $138,500
Wholesale
173,100
189,300
Total revenue $318,500 $327,800
Prepare a vertical analysis of the segments. If required, round percentages to one decimal place.
Verity Company
Vertical Analysis
For the Years 20Y4 and 20Y5
20Y5 Percent
20Y4 Amount 20Y4 Percent
20Y5 Amount
$138,500
Retail
$145,000
189,300
Wholesale
173,100
$327,800
Total revenue $318,500
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Transcribed Image Text:Pint item Segment Analysis Verity Company does business in two customer segments: Retail and Wholesale. The following annual revenue information was determined from the accounting system's invoice information: 20Y5 20Υ4 Retail $145,400 $138,500 Wholesale 173,100 189,300 Total revenue $318,500 $327,800 Prepare a horizontal analysis of the segments. Round percentages to one decimal place. Enter negative values as negative numbers. Verity Company Horizontal Analysis For the Years 20Y4 and 20Y5 20Y5 20Y4 Difference - Amount Difference - Percent Retail $145,400 $138,500 Wholesale 173,100 189,300 Total revenue $318,500 $327,800 Prepare a vertical analysis of the segments. If required, round percentages to one decimal place. Verity Company Vertical Analysis For the Years 20Y4 and 20Y5 20Y5 Percent 20Y4 Amount 20Y4 Percent 20Y5 Amount $138,500 Retail $145,000 189,300 Wholesale 173,100 $327,800 Total revenue $318,500 Check My Work Save and Exit Email Instructor All work saved.
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