Payton Company has the following segment revenues for the two most recent fiscal years. Segment Current Year (in millions) Prior Year (in millions) China $770 $650 Canada 326 240 Other countries 212 168 Total revenues $1,308 $1,058 Prepare a vertical analysis of the segment data. Calculate the percentage to four decimal places, then round your answer to one decimal place. Payton Company Vertical Analysis Current Year Prior Year Current Year Prior Year Segment Amount Amount Percent Percent (in millions) (in millions) China $770 $650 % Canada 326 240 Other countries 212 168 Total revenues $1,308 $1,058 0%

Financial Accounting
15th Edition
ISBN:9781337272124
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter5: Accounting Systems
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Problem 25E
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Payton Company has the following segment revenues for the two most recent fiscal years.
Segment
Current Year (in millions)
Prior Year (in millions)
China
$770
$650
Canada
326
240
Other countries
212
168
Total revenues
$1,308
$1,058
Prepare a vertical analysis of the segment data. Calculate the percentage to four decimal places, then round your answer to one decimal
place.
Payton Company
Vertical Analysis
Current Year
Prior Year
Current Year
Percent
Prior Year
Segment
Amount
Amount
Percent
(in millions)
(in millions)
China
$770
$650
%
Canada
326
240
Other countries
212
168
Total revenues
$1,308
$1,058
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Transcribed Image Text:Payton Company has the following segment revenues for the two most recent fiscal years. Segment Current Year (in millions) Prior Year (in millions) China $770 $650 Canada 326 240 Other countries 212 168 Total revenues $1,308 $1,058 Prepare a vertical analysis of the segment data. Calculate the percentage to four decimal places, then round your answer to one decimal place. Payton Company Vertical Analysis Current Year Prior Year Current Year Percent Prior Year Segment Amount Amount Percent (in millions) (in millions) China $770 $650 % Canada 326 240 Other countries 212 168 Total revenues $1,308 $1,058 Previous Next
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