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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 | $790 | $630 |
Canada | 340 | 243 |
Other countries | 216 | 168 |
Total revenues | $1,346 | $1,041 |
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 Segment | Current Year Amount (in millions) | Current Year Percent | Prior Year Amount (in millions) | Prior Year Percent |
China | $790 | fill in the blank 1% | $630 | fill in the blank 2% |
Canada | 340 | fill in the blank 3 | 243 | fill in the blank 4 |
Other countries | 216 | fill in the blank 5 | 168 | fill in the blank 6 |
Total revenues | $1,346 | fill in the blank 7% | $1,041 | fill in the blank 8% |
Answer & Explanation
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