Payton Company has the following segment revenues for the two most recent years. Segment United States Canada Other countries Total revenues Segment 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. United States Canada Other countries Current Year (in millions) $835 328 214 $1,377 Total revenues Current Year (in millions) (in millions) $835 328 214 $1,377 Payton Company Horizontal Analysis Prior Year (in millions) $635 348 163 $1,146 Prior Year Amount Increase Percent Increase $635 $ 348 163 $1,146 (Decrease) (Decrease) %
Payton Company has the following segment revenues for the two most recent years. Segment United States Canada Other countries Total revenues Segment 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. United States Canada Other countries Current Year (in millions) $835 328 214 $1,377 Total revenues Current Year (in millions) (in millions) $835 328 214 $1,377 Payton Company Horizontal Analysis Prior Year (in millions) $635 348 163 $1,146 Prior Year Amount Increase Percent Increase $635 $ 348 163 $1,146 (Decrease) (Decrease) %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Horizontal analysis is an analysis of a company's financial data over multiple periods. Horizontal analysis generally depicts the growth and efficiency of a company over the periods.
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