Segment Contribution Margin Analysis The operating revenues of the three largest business sements for Time Warner, Inc., for a recent year follow. Each segment includes a number of businesses, examples of which are indicated in parentheses. Time Warner, Inc. Segment Revenues (in millions) Turner (catle networks and digital media) $83,000 Home Box Office (pay television) 17,200 Wamer Bros. Crims, television, and videos) 55,000 Assume that the variable costs as a percent of sales for each segment are as follows: Turner 45% Home Box Office Warner Bros 36% 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) b. Does your answer to (a) mean that the other segments are more presse Check My Work Previous Next AWOR ved Sultenfor Grading