The operaing revenues of the three largeot business segments for Time Warner, Ine, for a recent year follow. Each segment includes a number of businestes, examples of which are indicated in parentheses. Assume that the variable costs as a percent of sales for each sogment are as follows: Required: a. Dotermine the contribution margin and contrbution margin ratio tor each segment form the information gwen. Enter amounts in millons rounded to whole amount. Round contribution margin ratios to whole percents for each segment from the above intormation. Enter all amounts as positive numbers. Reder to the Amount Descripsons ist provided for the exact wording of the answer choices for text entries. b. Does the segment with the highest contribution margin in (a) mean that it is the most profitable segment with the highest operading income? Amount Descriptions Contribution margin Contribution margin ratio Fixed conts Income from operations Plevenues Variable costs Contribution Margin Analysis margin ratios to whole percents for each segment fom the above information. Enter aff amounts as positive numbers. Retor to the Amoune Oescrptions lust provided tor ine exact wonding of the answer choices for text entries