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Segment Analysis Winston Sylvester Corporation is a brokerage and financial service company. The company recently provided information about its major business segments as follows (in
Segment Analysis
Winston Sylvester Corporation is a brokerage and financial service company. The company recently provided information about its major business segments as follows (in millions):
Investor Services | Institutional Services | |||
Revenues | $2,410 | $1,673 | ||
Income from operations | 1,014 | 170 | ||
Depreciation | 96 | 57 |
b. Estimate the contribution margin for each segment, assuming depreciation represents the majority of fixed costs.
Investor Services (in millions) | Institutional Services (in millions) | |
Estimated contribution margin | $ | $ |
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