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
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
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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