Asked by Genelyn Silva on May 11, 2024
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Payton Company has the following segment revenues for the two most recent fiscal years.?? Segment Current Y ear (in millions) Prior Y ear (in millions) China $775.00$650.00 Canada 325.50245.50 Other countries 215.50168.50 Total revenues $1,316.00‾$1,064.00‾\begin{array} { | l | r | r | } \hline \text { Segment } & \begin{array} { c } \text { Current Y ear } \\\text { (in millions) }\end{array} & \begin{array} { c } \text { Prior Y ear } \\\text { (in millions) }\end{array} \\\hline \text { China } & \$ 775.00 & \$ 650.00 \\\hline \text { Canada } & 325.50 & 245.50 \\\hline \text { Other countries } & 215.50 & 168.50 \\\hline \text { Total revenues } & \underline{\$ 1,316 .00} & \underline{ \$ 1,064.00 }\\\hline\end{array} Segment China Canada Other countries Total revenues Current Y ear (in millions) $775.00325.50215.50$1,316.00 Prior Y ear (in millions) $650.00245.50168.50$1,064.00 Prepare a vertical analysis of the segment data. Round to one decimal place.?
Vertical Analysis
A method of financial statement analysis in which each line item is listed as a percentage of a base figure within the statement.
Segment Data
Information regarding the different operating segments of a company as required by accounting standards to help investors better understand the company's performance.
Fiscal Years
A one-year period that companies and governments use for financial reporting and budgeting, which may not necessarily align with the calendar year.
- Carry out horizontal and vertical analysis on segment information or financial statements.
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Learning Objectives
- Carry out horizontal and vertical analysis on segment information or financial statements.
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