Back Country Life, Inc., does business in two product segments, Camping and Fishing.The following annual revenue information was determined from the accounting system'sinvoice information:20Y320Υ2CampingFishing$280,000$240,000140,000160,000$400,000Total revenues$420,000Prepare horizontal and vertical analyses of the segments. Round to one decimal place.

Answered: Back Country Life, Inc., does business…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Domestic
Payton Company has the following segment revenues for the two most recent years. Segment United States Canada Other countries Total revenues Prepare a horizontal analysis of the segment data. Calculate the percentage to four decimal places, then round your answer to one decimal place. For amount or percentage decreases, enter a minus sign. Segment United States Canada Other countries Current Year (in millions) Prior Year (in millions) $835 $635 328 348 214 163 $1,377 $1,146 Total revenues Payton Company Horizontal Analysis Current Year Prior Year Amount Increase Percent Increase (in millions) (in millions) (Decrease) $835 $635 $ 328 348 214 163 $1,377 $1,146 (Decrease) %
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