Starbucks Corporation reported the following geographical segment revenues for a recentand a prior fiscal year.
........................Recent Year.................................Prior Year
..........................(in millions)...............................(in millions)
United States..............$ 7,560...............................$7,061
International..................2,289................................1,914
Global consumer products...707..................................674
Total revenues............$10,556..............................$9,649
a. Prepare a horizontal analysis of the segment data using the prior year as the base year.
b. Prepare a vertical analysis of the segment data.
c. What conclusions can be drawn from your analyses?