Explain a horizontal analysis of the segment data


Problem

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

Segment

Current Year (in millions)

Prior Year (in millions)

United States

$830

$610

Canada

331

345

Other countries

212

158

Total revenues

$1,373

$1,113

Explain 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.

Segment

Current Year
(in millions)

Prior Year
(in millions)

Amount Increase
(Decrease)

Percent Increase
(Decrease)

United States

$830

$610

$fill in the blank

fill in the blank %

Canada

331

345

fill in the blank

fill in the blank

Other countries

212

158

fill in the blank

fill in the blank

Total revenues

$1,373

$1,113

fill in the blank

fill in the blank

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Financial Accounting: Explain a horizontal analysis of the segment data
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