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The operating revenues of the three largest business segments for Time Wamer, Inc., for a recent year follow. Each segment includes a number of

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The operating revenues of the three largest business segments for Time Wamer, 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 (cable networks and digital media) Home Box Office (pay television) Warner Bros. (films, television, and videos) $64,000 59,400 14,200 Assume that the variable costs as a percent of sales for each segment are as follows: Turner Home Box Office 52% 44% 44% Warner Bros. a Determine the contribution margin and contribution margin ratio for each segment from the information given. Round contribution margin ratio to whole percents for each segment from the information given. Enter all amounts as positive numbers. Revenues Variable costs Contribution margin Contribution margin ratio (as a percent) Check My Work Turner Home Box Office Warner Bros. Previous Next>

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