Asked by Patrick Barnett on Jul 15, 2024
Verified
123 Kids TV operates in five major international segments.?? Segment Current Year (in millions) Prior Year (in millions) United States $9,132$8,528 Canada 8,2486,391 England 4,7344,141 China 11,70013,299 Brazil 5,645‾6,391‾ Total revenues $39,459$38,750\begin{array} { | l | r | r | } \hline \text { Segment } & \begin{array} { c } \text { Current Year } \\\text { (in millions) }\end{array} & \begin{array} { c } \text { Prior Year } \\\text { (in millions) }\end{array} \\\hline \text { United States } & \$ 9,132 & \$ 8,528 \\\hline \text { Canada } & 8,248 & 6,391 \\\hline \text { England } & 4,734 & 4,141 \\\hline \text { China } & 11,700 & 13,299 \\\hline \text { Brazil } & \underline{5,645} & \underline{6,391} \\\hline { \text { Total revenues } } & \mathbf { \$ 3 9 , 4 5 9 } & \mathbf { \$ 3 8 , 7 5 0 } \\\hline\end{array} Segment United States Canada England China Brazil Total revenues Current Year (in millions) $9,1328,2484,73411,7005,645$39,459 Prior Year (in millions) $8,5286,3914,14113,2996,391$38,750 Prepare a horizontal analysis of the segment data. Round percentages to two decimal places.
Horizontal Analysis
A method of financial analysis in which items on financial statements over multiple periods are compared.
International Segments
Parts of a company that operates in different countries outside of the company's home country, often analyzed separately in financial reports to assess performance.
Segment Data
Financial information broken down into smaller units, such as product lines or geographical markets, within an organization.
- Undertake horizontal and vertical scrutiny of segment data or financial reports.
Verified Answer
Learning Objectives
- Undertake horizontal and vertical scrutiny of segment data or financial reports.
Related questions
Connie and Jill Operate Reardon's Bakery Which Has the Following ...
Payton Company Has the Following Segment Revenues for the Two ...
Eastwood Publishing Reports the Following Segment Data Regarding Its Textbook ...
Maximilian Corporation Provided Revenue Disclosures for the Current Year by ...
In a Comparative Balance Sheet, the Accounts Payable Balance for ...