Segment Contribution Margin Analysis The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segment includes a number businesses, examples of which are indicated in parentheses. Time Warner, Inc. Segment Revenues (in millions) Turner (cable networks and digital media) $15,000 Home Box Office (pay television) 20,000 Warner Bros. (films, television, and videos) 75,400 Assume that the variable costs as a percent of sales for each segment are as follows: Turner 42% Home Box Office 299 Warner Bros 229 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. Home Box Office Turner Warner Bros. Revenues Variable costs Contribution margin Warner Bros. (films, television, and videos) 75,400 Assume that the variable costs as a percent of sales for each segment are as follows: Turner 42% Home Box Office 299 Warner Bros. 22% 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. Tumer Home Box Office Warner Bros. Revenues Variable costs