Segment Revenue Horizontal and Vertical Analyses The comparative segment revenues for Clara Corporation, a global quick-serve restaurant company, are as follows: Recent Year Prior Year (In millions) (in millions) KFC $63,104 $68,000 Taco Bell 23,075 25,000 Pizza Hut 32,992 32,000 Total $ 119,171 $ 125,000 a. Provide a horizontal analysis of the regional segment revenues using prior year as the base year. Round all percentages to one decimal place. Enter all amounts in millions. Enter negative values as negative numbers. Clara Corporation Horizontal Analysis Recent Year Prior Year Increase (Decrease) Increase (Decrease) (in millions) (in millions) Amount Percent $63,104 $68,000 %6 23,075 25,000 32,992 32,000 KFC Taco Bell Pizza Hut Previous Next > Check My Work EBOOK Total revenues $119,171 $125,000 % Feedback Check My Work a. Year 1 is the base year for horizontal analysis. Round to one decimal place. b. Provide a vertical analysis of the regional segment revenues for both years. Round all percentages to one decimal place and round the total percentage to 100 if necessary. Clara Corporation Vertical Analysis Recent Year Recent Year Amount Percent (in millions) $63,104 23,075 32,992 Prior Year Percent Prior Year Amount (in millions) $68,000 25,000 KFC 9 Taco Bell Pizza Hut 32,000 $119,171 Total revenues $125,000 96 Frodo Previous Next > Check My Work Total revenues $119,171 % $125,000 % Feedback Check My Work (b) For vertical analysis, divide by the total revenues and show the percentage in a column for that year. c. Which of the following showed a percentage decrease based on the vertical analysis? Check My Wor (c) Consider what each analysis reveals and what information is involved. Check My Wor Incorrect Previous Next Check My Work