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Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac
Edition 26ISBN: 978-1337498159Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac
Edition 26ISBN: 978-1337498159 Exercise 8
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
Verified
Verified
a.Prepare a vertical analysis of the pro...
Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac
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