Payton Company has the following segment revenues for the two most recent years. Segment United States Canada Other countries Total revenues Segment Current Year (in millions) Prior Year (in millions) $840 $625 340 168 $1,133 Prepare a horizontal analysis of the segment data. Calculate the percentage to four decimal places, then round your answer to one decim For amount or percentage decreases, enter a minus sign. United States 328 214 $1,382 Payton Company Horizontal Analysis Current Year Prior Year (in millions) (in millions) $840 Amount Increase Percent Increase $625 $ (Decrease) (Decrease) %
Payton Company has the following segment revenues for the two most recent years. Segment United States Canada Other countries Total revenues Segment Current Year (in millions) Prior Year (in millions) $840 $625 340 168 $1,133 Prepare a horizontal analysis of the segment data. Calculate the percentage to four decimal places, then round your answer to one decim For amount or percentage decreases, enter a minus sign. United States 328 214 $1,382 Payton Company Horizontal Analysis Current Year Prior Year (in millions) (in millions) $840 Amount Increase Percent Increase $625 $ (Decrease) (Decrease) %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
![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)
$840
$625
328
340
214
168
$1,382
$1,133
Total revenues
Payton Company
Horizontal Analysis
Current Year Prior Year Amount Increase Percent Increase
(in millions) (in millions)
$840
$625 $
328
340
214
168
$1,382
$1,133
(Decrease)
(Decrease)
%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4786cd01-fd3f-40c2-920a-516c0cec469d%2F20868efb-6888-4789-a0a1-0ec2dfd61e7b%2Fjudibv_processed.png&w=3840&q=75)
Transcribed Image Text: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)
$840
$625
328
340
214
168
$1,382
$1,133
Total revenues
Payton Company
Horizontal Analysis
Current Year Prior Year Amount Increase Percent Increase
(in millions) (in millions)
$840
$625 $
328
340
214
168
$1,382
$1,133
(Decrease)
(Decrease)
%
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