Payton Company has the following segment revenues for the two most recent fiscal years.Current YearPrior Year(in millions)(in millions)SegmentChina$785$630Canada333246Other countries214168$1,044Total revenues$1,332Prepare 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 notenter the percent sign.Payton CompanyVertical AnalysisSegmentCurrent Year Amount (in millions) Current Year PercentPrior Year Amount (in millions) Prior Year PercentChina$785$630Canada333246214168Other countries$1332$1044Total revenues

Vertical analysis: The comparison of an item of a financial statement against the total amount of…

Answered: Payton Company has the following…

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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The trend of a company's sales in units have been found to be represented by Y= 2.4X +300, where Y= sales units, X= accounting period reference. In accounting period 25, the seasonal variation will have an index of 106. The expected sales for period 25, to the nearest unit, are: O A. GHS 360 ОВ. 364 Ос. 378 OD. 382
The income statements for Galaxy Tennis for the years ending December 31, 2021 and 2020, are provided below.Required:1. Complete the “Amount” and “%” columns to be used in a horizontal analysis of Galaxy Tennis income statement. (Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) GALAXY TENNIS Income Statements For the Years Ended December 31 Increase (Decrease) 2021 2020 Amount % Net sales $6,030,000 $6,170,000 Cost of goods sold 2,810,000 2,900,000 Gross profit 3,220,000 3,270,000 Operating expenses 1,490,000 1,374,000 Operating income 1,730,000 1,896,000 Other income (expense) 56,000 77,000 Income before tax 1,786,000 1,973,000 Income tax expense 382,000 431,000 Net income $1,404,000 $1,542,000
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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 $1,058 Previous Next
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Compare Income Statements and Balance Sheets of Competitors a. Following are selected income statements from two pharmaceutical companies, Pfizer and Dr. Reddy's, for their respective 2018 fiscal years. Express each income statement amount as a percentage of sales. Note: Round percentage to one decimal point (for example, round 18.566% to 18.6%). Income Statement ($ millions) Sales Pfizer Dr. Reddy's $46,136 0% $1,876 09 Cost of goods sold 11,248 0% 1,009 0% Gross profit 34,888 0% 867 0% Total expenses Net income 26,841 $8,047 0% 0% 878 $(11) 0% 0% b. Following are selected balance sheets from two pharmaceutical companies, Pfizer and Dr. Reddy's, for their respective 2018 fiscal years. Express each balance sheet amount as a percentage of total assets. Note: Round percentage to one decimal point (for example, round 18.566% to 18.6%). Balance Sheet ($ millions) Pfizer Dr. Reddy's Current assets $42,936 0% $1,448 0% Long-term assets Total assets 109,496 $152,432 0% 1,781 096 0% $3,229 09…
How many reportable segments do FRUITAS have for year 2021 in accordance with IFRS 8, Operating Segments?
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Estimating Share Value Using the ROPI Model Following are forecasts of sales, net operating profit after tax (NOPAT), and net operating assets (NOA) as of December 31, 2018, for Humana. Terminal Note: Complete the entire question in Excel and format each answer to two decimal places. Then enter the answers into the provided spaces below with two decimal place Reported Horizon period $ millions 2018 2019 2020 2021 2022 Period Sales $56,880 $57,734 $58,600 $59,480 $60,372 2,492 2,542 2,580 2.619 2,658 4,000 4,065 4,126 4,189 4,252 NOPAT NOA $60,976 2,684 4,295 Answer the following requirements with the following assumptions: Assumptions Terminal period growth rate Discount rate (WACC) 19 7.8% Common shares outstanding 135.6 million Net nonoperating obligations (NNO) S(6,161) million NNO is negative because Humana's nonoperating assets exceed its nonoperating liabilities. (a) Estimate the value of a share of common stock using the residual operating income (ROPI) model as of December 31,…
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