Question - A corporation reported the following geographical segment revenues for fiscal years 2007 and 2006
2007 2006
In millions in millions
United States $7679 $6478
Other countries 1733 1309
Total revenues 9412 7787
a) Prepare a horizontal analysis of the segment data using 2006 and the base year?
b) Prepare a vertical analysis of the segment data?
c) What conclusions can be drawn from your analysis?