Walt Disney: Segment revenue analysis The Walt Disney Company is a leading worldwide entertainment company....
70.2K
Verified Solution
Question
Accounting
Walt Disney: Segment revenue analysis
The Walt Disney Company is a leading worldwide entertainment company. Disney operates five business segments. These segments and some of their larger businesses are:
Media Networks: ABC Network, ESPN, Disney Channel, and A&E
Parks and Resorts: Walt Disney World Resort, Disneyland, and International Disney Resorts
Studio Entertainment: Walt Disney Pictures, Pixar, Marvel, and Lucasfilm
Consumer Products: licensing of Disney characters, publishing, and retail stores
Interactive: video games
Recent comparative revenues for the five segments are as follows (in millions):
Walt Disney: Segment revenue analysis
The Walt Disney Company is a leading worldwide entertainment company. Disney operates five business segments. These segments and some of their larger businesses are:
Media Networks: ABC Network, ESPN, Disney Channel, and A&E
Parks and Resorts: Walt Disney World Resort, Disneyland, and International Disney Resorts
Studio Entertainment: Walt Disney Pictures, Pixar, Marvel, and Lucasfilm
Consumer Products: licensing of Disney characters, publishing, and retail stores
Interactive: video games
Recent comparative revenues for the five segments are as follows (in millions):
|
| Year 3 |
| Year 1 |
Media Networks |
| $21,152 |
| $19,436 |
Parks and Resorts |
| 15,099 |
| 12,920 |
Studio Entertainment |
| 7,278 |
| 5,825 |
Consumer Products |
| 3,985 |
| 3,252 |
Interactive |
| 1,299 |
| 845 |
Total |
| $48,813 |
| $42,278 |
c. Prepare a horizontal analysis of the segment sales between Year 1 and Year 3. (Round percentages to nearest whole percent.)
Segment |
| Year 3 |
| Year 1 |
| Amount Change |
| % Change |
|
Media Networks |
| $21,152 |
| $19,436 |
| $ |
| % |
|
Parks and Resorts |
| 15,099 |
| 12,920 |
|
|
| % |
|
Studio Entertainment |
| 7,278 |
| 5,825 |
|
|
| % |
|
Consumer Products |
| 3,985 |
| 3,252 |
|
|
| % |
|
Interactive |
| 1,299 |
| 845 |
|
|
| % |
|
Total |
| $48,813 |
| $42,278 |
| $ |
| % |
|
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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.