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LGO Segment Contribution Margin Analyti The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each
LGO Segment Contribution Margin Analyti The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segment includes a number of businesses, examples of which are indicated in parentheses. Time Warner, Inc. Segment Revenues (in millions) GO Tumer (cable networks and digital media) Home Box Office (pay television) Warner Bros. (flims, television, and videos) $25,700 68,100 LGO 16,400 Assume that the variable costs as a percent of sales for each segment are as follows: 200 Home Box Office 15% 35% Warner Bros. 35% a. Determine the contribution margin and contribution margin ratio for each segment from the information given. When required, round to the nearest whole millionth (for example, round 5,688.7 to 5,689). Round contribution margin ratio to whole percents for each segment from the information given. Revenues: Varicos Contribution margin Check My Work more Check My Work uses remaining Turner 25,700 Home Box Office 68,100 Warner Bros. 16,400
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