
Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac
Edition 26ISBN: 978-1285743615
Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac
Edition 26ISBN: 978-1285743615 Exercise 48
Segment revenue vertical analysis
News Corporation is one of the world's largest entertainment companies that includes Twentieth Century Fox films, Fox Broadcasting, Fox News, the FX, and various satellite, cable, and publishing properties. The company provided revenue disclosures by its major product segments in the notes to its financial statements as follows:
a. Provide a vertical analysis of the product segment revenue. Round whole percents to one decimal place.
b. Are the revenues of News Corporation diversified or concentrated within a product segment Explain.
News Corporation is one of the world's largest entertainment companies that includes Twentieth Century Fox films, Fox Broadcasting, Fox News, the FX, and various satellite, cable, and publishing properties. The company provided revenue disclosures by its major product segments in the notes to its financial statements as follows:

a. Provide a vertical analysis of the product segment revenue. Round whole percents to one decimal place.
b. Are the revenues of News Corporation diversified or concentrated within a product segment Explain.
Explanation
a.
Prepare a vertical analysis of the pr...
Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac
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