Question

Payton Company has the following segment revenues for the two most recent fiscal years. Segment Current...

Payton Company has the following segment revenues for the two most recent fiscal years.


Segment
Current Year
(in millions)
Prior Year
(in millions)
China $710 $640
Canada   338   245
Other countries   214   170
Total revenues $1,262 $1,055

Prepare a vertical analysis of the segment data. Calculate the percentage to four decimal places, then round your answer to one decimal place. For percentages, do not enter the percent sign.

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Answer #1
Segment Current year prior year
China 56.3% 60.7%
Canada 26.8% 23.2%
Other countries 17% 16.1%
Total revenue 100% 100%

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