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Segment Contribution Margin Analysis f businesses, examples of which are indicated parentheses. The operating revenues of the three largest business segments for Time Warner, Inc.,

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Segment Contribution Margin Analysis f businesses, examples of which are indicated parentheses. The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segment includes a number Time Warner, Inc. Segment Revenues (in millions) Turner (cable networks and digital media) $92,300 Home Box Office (pay television) 95,800 Warner Bros. (films, television, and videos) 35,700 Assume that the variable costs as a percent of sales for each segment are as follows: Turner 27% Home Box Office 43% Warner Bros. 17% 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. Turner Home Box Office Warner Bros. Revenues $ Variable costs Contribution margin $ Contribution margin ratio (as a percent) %6 % %

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