Question
Payton Company has the following segment revenues for the two most recent years. Segment Current Year (in millions) Prior Year (in millions) United States $810
Payton Company has the following segment revenues for the two most recent years.
| Segment | Current Year (in millions) | Prior Year (in millions) |
| United States | $810 | $605 |
| Canada | 329 | 347 |
| Other countries | 214 | 166 |
| Total revenues | $1,353 | $1,118 |
Prepare a horizontal analysis of the segment data. Calculate the percentage to four decimal places, then round your answer to one decimal place. For amount or percentage decreases, enter a minus sign.
| Segment | Current Year (in millions) | Prior Year (in millions) | Amount Increase (Decrease) | Percent Increase (Decrease) |
| United States | $810 | $605 | ||
| Canada | 329 | 347 | ||
| Other countries | 214 | 166 | ||
| Total revenues | $1,353 | $1,118 |
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Financial Accounting A Critical Approach
Authors: John Friedlan
3rd Edition
0070967601, 978-0070967601
