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) %

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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## Payton Company Segment Revenues

Payton Company has the following segment revenues for the two most recent years:

### Segment Revenues (in millions)

| Segment         | Current Year | Prior Year |
|-----------------|--------------|------------|
| United States   | $835         | $635       |
| Canada          | $328         | $348       |
| Other countries | $214         | $163       |
| **Total revenues** | **$1,377**     | **$1,146**     |

---

### Instructions
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.

### Horizontal Analysis

| Segment         | Current Year (in millions) | Prior Year (in millions) | Amount Increase (Decrease) | Percent Increase (Decrease) |
|-----------------|----------------------------|---------------------------|-----------------------------|------------------------------|
| United States   | $835                       | $635                      |                             |                              |
| Canada          | $328                       | $348                      |                             |                              |
| Other countries | $214                       | $163                      |                             |                              |
| **Total revenues** | **$1,377**                   | **$1,146**                    |                             |                              |

---

This data is designed to help you perform a financial analysis by comparing current revenue figures against those of the prior year, identifying both the absolute increases/decreases and the percentage changes across different geographical segments.
Transcribed Image Text:## Payton Company Segment Revenues Payton Company has the following segment revenues for the two most recent years: ### Segment Revenues (in millions) | Segment | Current Year | Prior Year | |-----------------|--------------|------------| | United States | $835 | $635 | | Canada | $328 | $348 | | Other countries | $214 | $163 | | **Total revenues** | **$1,377** | **$1,146** | --- ### Instructions 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. ### Horizontal Analysis | Segment | Current Year (in millions) | Prior Year (in millions) | Amount Increase (Decrease) | Percent Increase (Decrease) | |-----------------|----------------------------|---------------------------|-----------------------------|------------------------------| | United States | $835 | $635 | | | | Canada | $328 | $348 | | | | Other countries | $214 | $163 | | | | **Total revenues** | **$1,377** | **$1,146** | | | --- This data is designed to help you perform a financial analysis by comparing current revenue figures against those of the prior year, identifying both the absolute increases/decreases and the percentage changes across different geographical segments.
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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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