Walt Disney: Segment revenue analysis The Walt Disney Company is a leading worldwide entertainment company....
70.2K
Verified Solution
Link Copied!
Question
Accounting
Walt Disney: Segment revenue analysis
The Walt Disney Company is a leading worldwide entertainment company. Disney operates five business segments. These segments and some of their larger businesses are:
Media Networks: ABC Network, ESPN, Disney Channel, and A&E
Parks and Resorts: Walt Disney World Resort, Disneyland, and International Disney Resorts
Studio Entertainment: Walt Disney Pictures, Pixar, Marvel, and Lucasfilm
Consumer Products: licensing of Disney characters, publishing, and retail stores
Interactive: video games
Recent comparative revenues for the five segments are as follows (in millions):
Walt Disney: Segment revenue analysis
The Walt Disney Company is a leading worldwide entertainment company. Disney operates five business segments. These segments and some of their larger businesses are:
Media Networks: ABC Network, ESPN, Disney Channel, and A&E
Parks and Resorts: Walt Disney World Resort, Disneyland, and International Disney Resorts
Studio Entertainment: Walt Disney Pictures, Pixar, Marvel, and Lucasfilm
Consumer Products: licensing of Disney characters, publishing, and retail stores
Interactive: video games
Recent comparative revenues for the five segments are as follows (in millions):
Year 3
Year 1
Media Networks
$21,152
$19,436
Parks and Resorts
15,099
12,920
Studio Entertainment
7,278
5,825
Consumer Products
3,985
3,252
Interactive
1,299
845
Total
$48,813
$42,278
c. Prepare a horizontal analysis of the segment sales between Year 1 and Year 3. (Round percentages to nearest whole percent.)
Segment
Year 3
Year 1
Amount Change
% Change
Media Networks
$21,152
$19,436
$
%
Parks and Resorts
15,099
12,920
%
Studio Entertainment
7,278
5,825
%
Consumer Products
3,985
3,252
%
Interactive
1,299
845
%
Total
$48,813
$42,278
$
%
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!