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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
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) Home Box Office (pay television) $57,500 28,800 Warner Bros. (films, television, and videos) 64,800 Assume that the variable costs as a percent of sales for each segment are as follows: Turner 18% Home Box Office 15% Warner Bros. 23% 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 5 more Check My Work uses remaining. Q Search 1640 PRE hp fa 19 --> 144 $ Turner 10 BA Home Box Office % % & * 5 6 .7 00 6 L T Y U O G H J K L V B N M alt 751 H (44 P ctrl + L = insprt sc % Previous Next > 5:01 PM 4/2/2024 delete home end backspace enter num lock 7 home 47 00+ pause shift end 5 DO 2-
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