Question
Segment Revenue Horizontal Analysis Starbucks Corporation reported the following geographical segment revenues for a recent and a prior fiscal year: Recent Year (in millions, rounded)
Segment Revenue Horizontal Analysis
Starbucks Corporation reported the following geographical segment revenues for a recent and a prior fiscal year:
Recent Year (in millions, rounded) | Prior Year (in millions, rounded) | |||
Americas | $9,936 | $9,065 | ||
EMEA* | 1,141 | 1,047 | ||
China/Asia Pacific | 721 | 552 | ||
Channel Development** | 1,292 | 860 | ||
Other | 209 | 176 | ||
Total | $13,299 | $11,700 |
* Europe, Middle East, and Africa
** Sells packaged coffee and teas globally
a. Prepare a horizontal analysis of the segment data using the prior year as the base year. Round all percents to one decimal place. Enter all amounts in millions.
Starbucks Corporation | ||||
Horizontal Analysis | ||||
Recent Year (in millions) | Prior Year (in millions) | Increase (Decrease) Amount | Increase (Decrease) Percent | |
Americas | $9,936 | $9,065 | $ | % |
EMEA | 1,141 | 1,047 | % | |
China/Asia Pacific | 721 | 552 | % | |
Channel Development | 1,292 | 860 | % | |
Other | 209 | 176 | % | |
Total revenues | $13,299 | $11,700 | $ | % |
b. Prepare a vertical analysis of the segment data. Round all percents to one decimal place.
Starbucks Corporation | ||||
Vertical Analysis | ||||
Recent Year Amount | Recent Year Percent | Prior Year Amount | Prior Year Percent | |
Americas | $9,936 | % | $9,065 | % |
EMEA | 1,141 | % | 1,047 | % |
China/Asia Pacific | 721 | % | 552 | % |
Channel Development | 1,292 | % | 860 | % |
Other | 209 | % | 176 | % |
Total revenues | $13,299 | % | $11,700 | % |
c. Based on the percentages in the vertical analysis, which of Starbuck's operations grew more?
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