Question
Please help me calculate the vertical analysis percentage. Maximilian Corporation provided revenue disclosures for the current year by its major product segments in the notes
Please help me calculate the vertical analysis percentage.
Maximilian Corporation provided revenue disclosures for the current year by its major product segments in the notes to its financial statements as follows:
| Major Product Segments | Current Year (in millions) |
| Petroleum-based products | $2,700 |
| Industrial chemicals | 9,190 |
| Refined chemical products | 8,500 |
| Food additives | 7,350 |
| Emulsifiers | 6,830 |
| Pesticides | 5,870 |
| Salts | 4,545 |
| Wetting agents | 3,245 |
| Total revenues | $48,230 |
Calculate the percentage to four decimal places, then round your answer to one decimal place.
| Major Product Segments | Current Year (in millions) | Percent |
| Petroleum-based products | $2,700 | _____% |
| Industrial chemicals | 9,190 | _____% |
| Refined chemical products | 8,500 | _____% |
| Food additives | 7,350 | _____% |
| Emulsifiers | 6,830 | _____% |
| Pesticides | 5,870 | _____% |
| Salts | 4,545 | _____% |
| Wetting agents | 3,245 | _____% |
| Total revenues | $48,230 | _____% |
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Making Sense Of Audit Business Side Of General Practice
Authors: Donald Sal Irvine
1st Edition
1870905121, 978-1870905121
