Answered: The body of the disney 10-K talks about…

The body of the disney 10-K talks about segments. What are the major segments of Walt Disney Company? Calculate the % of total revenue of each the segments.

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter10: Evaluating Decentralized Operations

Section: Chapter Questions

Problem 14E: The Walt Disney Company (DIS) has four business segments, described as follows: Media Networks:...

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The Walt Disney Company (DIS) has four business segments, described as follows: Media Networks: Television and radio Parks and Resorts: Resorts, including Disneyland Studio Entertainment: Motion pictures, musical recordings, and stage plays Consumer Products Interactive Media: Character merchandising, Disney stores, books, and games Disney recently reported segment operating income, revenue, and invested assets (in millions) as follows: a. Use the DuPont formula to determine the return on investment for the four Disney segments. Round percentages to one decimal place and investment turnover to two decimal places. b. How do the four segments differ in their profit margin, investment turnover, and return on investment?
Game-On Sports operates in two distinct segments: athletic equipment and accessories. The income statement for each operating segment is presented below.Required:1. Complete the "%" columns to be used in a vertical analysis of Game-On Sports’ two operating segments. Express each amount as a percentage of sales. (Round your percentage answers to 1 decimal place.) GAME-ON SPORTS Income Statement For the Year Ended December 31, 2021 Athletic Equipment Accessories Amount % Amount % Net sales $2,800,000 $3,250,000 Cost of goods sold 1,250,000 1,620,000 Gross profit 1,550,000 1,630,000 Operating expenses 650,000 700,000 Operating income 900,000 930,000 Other income (expense) 75,000 (10,000) Income before tax 975,000 920,000 Income tax expense 225,000 200,000 Net income $750,000 $720,000 2. Use vertical analysis to compare the profitability of the two operating segments. Which segment is more…
Munoz Company operates three segments. Income statements for the segments imply that profitability could be improved if Segment A were eliminated. Segment Sales Cost of goods sold Sales commissions MUNOZ COMPANY Income Statements for Year 2 Contribution margin General fixed operating expenses (allocation of president's salary) Advertising expense (specific to individual divisions) Net income (loss) Complete this question by entering your answers in the tabs below. A $ 171,000 (123,000) Required A Required B Prepare a schedule of relevant sales and costs for Segment A. Relevant Rev. and Cost items for Segment A $251,000 $256,000 (91,000) (81,000) (24,000) (23,000) 152,000 (40,000) 0 136,000 (17,000) 31,000 (34,000) (42,000) (6,000) (16,000) $ (9,000) $ 78,000 Required a. Prepare a schedule of relevant sales and costs for Segment A. b. Prepare comparative income statements for the company as a whole under two alternatives: (1) the retention of Segment A and (2) the elimination of Segment…
Benson Company operates three segments. Income statements for the segments imply that profitability could be improved if Segment A were eliminated. Segment Sales Cost of goods sold Sales commissions BENSON COMPANY Income Statements for Year 2 Contribution margin General fixed operating expenses (allocation of president's salary) Advertising expense (specific to individual divisions) Net income (loss). Complete this question by entering your answers in the tabs below. Required A Required B A $ 169,000 (130,000) (21,000) 18,000 (43,000) (5,000) $ (30,000) B $ 238,000 (81,000) (23,000) 134,000 (37,000) (14,000) $ 83,000 с $ 247,000 (83,000) (31,000) 133,000 (26,000) 0 Required a. Prepare a schedule of relevant sales and costs for Segment A. b. Prepare comparative income statements for the company as a whole under two alternatives: (1) the retention of Segment A and (2) the elimination of Segment A. $ 107,000
Hewlett-Packard Company reports that its “organizational structure is based on a number of factors that management uses to evaluate, view and run its business operations.” In its disclosures of segment information, there are seven segments—Personal Systems, Printing, Enterprise Group, Enterprise Services, Software, HP Financial Services, and Corporate Investments. The company provides the following information about these business segments: ($ millions) Year 2 Year 1 Total net revenue: Personal Systems $39,574 $40,741 Printing 25,783 25,764 Enterprise Group 35,954 35,529 Enterprise Services 22,241 20,356 Software 3,217 2,729 HP Financial Services 3,596 3,047 Corporate Investments 302 24 Earnings from operations: Personal Systems $2,750 $2,032 Printing 4,373 4,412 Enterprise Group 5,549 5,661 Enterprise Services 3,426 2,825 Software 1,098 782 HP Financial Services 748 281 Corporate Investments (199) (316) Total assets: Personal…
Selected data for a segment of a business enterprise are to be reported separately when the revenue ofthe segment exceeds 10% of the ____________________________________________________.A. Combined net income of all segments reporting profitsB. Total revenue obtained in transactions with outsidersC. Total revenue of all the enterprise’s segmentsD. Total combined revenue of all segments reporting profits
eon Jung Kook Corp. is preparing its year-end financial statements and has identified the following operating segments and their external revenues and intersegment revenues, respectively:· Begin- P4,800,000; P2,400,000· Euphoria- P1,600,000; P400,000· Decalcomania- P1,500,000; P0· My Time- P800,000; P0· Still with You- P600,000; P0· Paper Hearts- P400,000; P0Which of the following are reportable segments based on revenue test?
Use the following information to compute profit margin for each separate company a through e. (Round your answers to 1 decimal place.) Company Net Income Net Sales Profit Margin (%) 24 5,640 $ 47,000 a. 92,026 418,300 C. 96.444 267,900 di 68,738 1,527,500 77,959 455,900 e Which of the five companies is the most profitable according to the profit margin ratio? O Company a O Company b O Company c O Company d O Companye
Bryant Inc. has five segments and is determining which segments need to be reported separately. One measure of determining reportable segments includes when the revenues of the segment exceed 10 percent of the Question 17 options: a) total revenues ($200,000) of all enterprise's operating segments. b) combined net income of all segments reporting profits (amounting to $95,900). c) total export and foreign sales (amounting to $75,000). d) total combined revenues (amounting to $150,000) for all segments reporting profits.
Calculate the segment return on assets of this financial accounting question
Pina Company is involved in four separate industries. The following information is available for each of the four industries. Operating Segment W a. X Y Z Total Revenue Revenue test. $57,246 9,860 24,675 6,919 $98,700 Operating Profit (Loss) $16,970 2,570 (3,260) Determine which of the operating segments are reportable based on the: W&X Reportable Segments 1,220 $17,500 Identifiable Assets $165,764 82,882 20,006 17,148 $285,800
A segment of a business enterprise is to be reported separately when the revenues of the segment exceed 10 percent of the Select one: total combined revenues of all segments reporting profits. combined net income of all segments reporting profits. total export and foreign sales. total revenues of all the enterprise's operating segments.