Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. payton company has the following segment revenues

Payton Company has the following segment revenues for the two most recent fiscal years. ...

50.1K

Verified Solution

Question

Accounting

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 $630
Canada 340 243
Other countries 216 168
Total revenues $1,346 $1,041

Prepare a vertical analysis of the segment data. Calculate the percentage to four decimal places, then round your answer to one decimal place.

Payton Company Vertical Analysis
Segment Current Year Amount (in millions) Current Year Percent Prior Year Amount (in millions) Prior Year Percent
China $790 fill in the blank 1% $630 fill in the blank 2%
Canada 340 fill in the blank 3 243 fill in the blank 4
Other countries 216 fill in the blank 5 168 fill in the blank 6
Total revenues $1,346 fill in the blank 7% $1,041 fill in the blank 8%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Physics
1.2K views

The masses of photons corresponding to the first lines of the Lymann and the Balmer...

Biology
1.2K views

What is the designation of the recipient cell after mating with an Hfr donor strain? 1. F- 2....

Physics
1.2K views

Estimate all radiation risks for astronauts after travel from the Earth to the Mars and back....

Statistics
1.2K views

The Damon family owns a large grape vineyard in western New York along Lake Erie. The...

Geometry
1.2K views

Degrees Radians Radians Degrees Directions Convert each measure to radians 17 30 18 20 5...

Basic Math
1.2K views

A coffee shop sells assorted types of coffees and blends them into their signature blends...

Algebra
1.2K views

27 If there are 11 girls in a class of 16 what is the ratio...

Accounting
1.2K views

a) What are the benefits of a flexible budget? b) Explain the...

Accounting
1.2K views

1. Prepare the income statement for the year ended December 31, 2016. 2. Prepare the...

Accounting
1.2K views

It is now January 2023. CP needs to prepare its financial statements for the year...

Accounting
1.2K views

Mr. Iqbal was working in Lotus Software LLC in Muscat as a Computer Programmer. His...

Accounting
1.2K views

Salsa Company is considering an investment in technology to improve its operations. The investment costs...