* Cengage Learning* CengageNOWv2 | Online teachin xxO Week 8: Chapter 21 Homework xQ く ★essengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=falseHomeworkeBookThe Walt Disney Company (DIS) is a leading worldwide entertainment company. Disney operates four business segments. These segments and some of their larger businesses are:• Media Networks: ABC Network, ESPN, Disney Channel, and A&E• Parks and Resorts: Walt Disney World Resort, Disneyland, and International Disney Resorts• Studio Entertainment: Walt Disney Pictures, Pixar, Marvel, and LucasfilmConsumer Products and Interactive Media: Licensing of Disney characters, publishing, and retail storesRecent comparative revenues for the four segments are as follows (in millions):SegmentYear 3Year 1Media Networks$23,689 $21,152Parks and Resorts16,97415,099Studio Entertainment9,4417,278Consumer Products and Interactive Media5,5285,284Total$55,632 $48,813くa. Prepare a vertal analysis of the segment sales to total sales for Year 1 and Year 3. Round percentages to nearest whole percent. Note: Due to rounding, your totals mayexceed 100 percent.SegmentYear 3Year 3 Percentage Year 1 Year 1 PercentageMedia Networks$23,689% $21,152Parks and Resorts16,97415,099Studio Entertainment9,4417,278Consumer Products & Interactive Media5,5285,284Total$55,632% $48,813s: 315 itemsCheck My Work(PreviousNextnt Score: 22.78%All work saved.Save and ExitSubmit Assignment for GradingV A 3:57 workO eBook$55,632% $48,813Totalfrom Year 1 to Year 3. Theb. The revenues of Parks and Resorts and Consumer Products & Interactive Media segments as a percentage of total revenue hasoffsetting gains came from two-percentage point gains from* from Year 1 to Year 3. Thus, there was slight adjustment in the relative segment sales betweenYear 1 and Year 3.c. Prepare a horizontal analysis of the segment sales between Year 1 and Year 3. Round percentages to nearest whole percent.SegmentYear 3Year 1Amount Change% ChangeMedia Networks$23,689 $21,152Parks and Resorts16,97415,099Studio Entertainment9,4417,278Consumer Products & Interactive Media5,5285,284Total$55,632 $48,813d. Which segment showed the largest growth?Parks and ResortWhich segment showed the smallest growth?15 itemsCheck My Work(PreviousNextcore: 22.78%All work saved.Save and ExitSubmit Assignment for GradingA 3:58

Hi student Since there are multiple subparts, we will answer only first three subparts.

Answered: The Walt Disney Company (DIS) is a…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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Vertical Analysis of Income Statement For 20Y2, Fielder Industries Inc. initiated a sales promotion campaign that included the expenditure of an additional $40,000 for advertising. At the end of the year, Leif Grando, the president, is presented with the following condensed comparative income statement: Fielder Industries Inc.Comparative Income StatementFor the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Y1 Sales $1,300,000 $1,180,000 Cost of goods sold (682,500) (613,600) Gross profit $617,500 $566,400 Selling expenses $(260,000) $(188,800) Administrative expenses (169,000) (177,000) Total operating expenses $(429,000) $(365,800) Operating income $188,500 $200,600 Other revenue 78,000 70,800 Income before income tax expense $266,500 $271,400 Income tax expense (117,000) (106,200) Net income $149,500 $165,200 Required: Question Content Area 1. Prepare a comparative income statement for the two-year period,…
Vertical Analysis of Income StatementFor 20Y2, Fielder Industries Inc. initiated a sales promotion campaign that included the expenditure of an additional $40,000 for advertising. At the end of theyear, Leif Grando, the president, is presented with the following condensed comparative income statement:3. PR.14-05BFielder Industries Inc.Comparative Income StatementFor the Years Ended December 31, 20Y2 and 20Y120Y2 20Y1Sales $1,300,000 $1,180,000Cost of goods sold 682,500 613,600Gross profit $617,500 $566,400Selling expenses $260,000 $188,800Administrative expenses 169,000 177,000Total operating expenses $429,000 $365,800Income from operations $188,500 $200,600Other income 78,000 70,800Income before income tax $266,500 $271,400Income tax expense 117,000 106,200Net income $149,500 $165,200Required:1. Prepare a comparative income statement for the two-year period, presenting an analysis of each item in relationship to sales for each of the years. Round toone decimal place. Enter all amounts…
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Segment Contribution Margin Analysis The Walt Disney Company (DIS) is a global entertainment company that is organized into four business segments as follows: Media Networks:Television production and distribution, including ABC television network, ESPN, National Geographic. Parks, Experiences, and Products:Theme parks and resorts, including Walt Disney World and Disneyland; Experiences, including Disney Cruise Line and Disney Vacation Club; Products, including Disney and Pixar characters, comic books, and magazines. Studio Entertainment:Music and motion picture production and distribution, including Twentieth Century Studios, Marvel, and Lucasfilm. Direct-to-Consumer & International:Streaming services, including Disney+, ESPN+, and Hulu. For a recent year, Disney reported the following segment results (in millions): Line Item Description SegmentMediaNetworks SegmentParks, Experiences,and Products SegmentEntertainment Direct-to-Consumer& International Revenues $28,393…
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