Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Payton Company has the following segment revenues for the two most recent years. Segment Current Year (in millions) Prior Year (in millions) United States $805
Payton Company has the following segment revenues for the two most recent years.
Segment | Current Year (in millions) | Prior Year (in millions) |
United States | $805 | $585 |
Canada | 330 | 358 |
Other countries | 213 | 168 |
Total revenues | $1,348 | $1,111 |
Prepare a horizontal analysis of the segment data. Calculate the percentage to four decimal places, then round your answer to one decimal place. Do not enter the percent sign. For amount or percentage decreases, enter a minus sign.
Payton Company | ||||
Horizontal Analysis | ||||
Segment | Current Year (in millions) | Prior Year (in millions) | Amount Increase (Decrease) | Percent Increase (Decrease) |
United States | $805 | $585 | $ | % |
Canada | 330 | 358 | ||
Other countries | 213 | 168 | ||
Total revenues | $1,348 | $1,111 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started