Twenty-First Century Fox, Inc. is one of the worlds largest entertainment companies that includes Twentieth Century Fox

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Twenty-First Century Fox, Inc. is one of the world’s largest entertainment companies that includes Twentieth Century Fox films, Fox Broadcasting, Fox News, the FX, and various satellite properties. The company provided revenue disclosures by its major product segments in the notes to its financial statements as follows:

a. Provide a vertical analysis of the product segment revenue. Round whole percents to one decimal place.

b. Are the revenues of Twenty-First Century Fox, Inc. diversified or concentrated within a product segment? Explain.

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Accounting

ISBN: 9781337902687

28th Edition

Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider

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Question Posted: Apr 06, 2021 05:26 AM

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Twenty-First Century Fox, Inc. is one of the worlds largest entertainment companies that includes Twentieth Century Fox

Question:

For a Recent Year (in millions) Major Product Segments Cable Network Programming $17,946 5,162 Television Filmed Entertainment Total revenues of major segments 8,747 $31.855

Step by Step Answer:

a To provide a vertical analysis of the product segment revenue we need to calculate the percentage of each segments revenue to the total revenue of T...View the full answer

Accounting

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