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

The operating revenues of the three largest business segments 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 (cable networks and digital media) $69,600
Home Box Office (pay television) 61,800
Warner Bros. (films, television, and videos) 45,300

Assume that the variable costs as a percent of sales for each segment are as follows:

Turner 37%
Home Box Office 41%
Warner Bros. 35%

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) fill in the blank 10 % fill in the blank 11 % fill in the blank 12 %

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