Solved

Maximilian Corporation Provided Revenue Disclosures for the Current Year by Its

Question 110

Essay

Maximilian Corporation provided revenue disclosures for the current year by its major product segments in the notes to its financial statements as follows:?  Maj or Product Segments  Current Year  (in millions)  Petrol eum-based products $10,450 Industrial chemicals 9,460 Refined chemical products 8,575 Food additives 7,325 Emulsifiers 6,900 Pesticides 5,870 Salts 4,545 Wetting agents 3,215 Total revenues $56,340\begin{array} { | l | r | } \hline{ \textbf { Maj or Product Segments } } & \begin{array} { c } \textbf { Current Year } \\\textbf { (in millions) }\end{array} \\\hline \text { Petrol eum-based products } & \$ 10,450 \\\hline \text { Industrial chemicals } & 9,460 \\\hline \text { Refined chemical products } & 8,575 \\\hline \text { Food additives } & 7,325 \\\hline \text { Emulsifiers } & 6,900 \\\hline \text { Pesticides } & 5,870 \\\hline \text { Salts } & 4,545 \\\hline \text { Wetting agents } & 3,215 \\\hline { \text { Total revenues } } & \underline{\$ 56,340} \\\hline\end{array} Prepare a vertical analysis. Round to one decimal place.

Correct Answer:

verifed

Verified

*Difference in percentages due to roundi...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions