Prepare a horizontal analysis of the segment data using the prior year as the base year. Round all percents to one decimal place. Enter all amounts in millions. If required, use minus sign to indicate the decreasing values.

Starbucks Corporation
Horizontal Analysis
	Recent Year (in millions)	Prior Year (in millions)	Increase (Decrease) Amount	Increase (Decrease) Percent
Americas	$8,887	$7,648	$	%
China/Asia Pacific	2,396	1,130
Channel Development	1,731	1,546
EMEA	1,217	1,295
Other	1,924	1,606
Total revenues	$16,155	$13,225	$

b. Prepare a vertical analysis of the segment data. Round all percents to one decimal place and round the total percentage to 100 if necessary.

Starbucks Corporation
Vertical Analysis
	Recent Year Amount (in millions)	Recent Year Percent	Prior Year Amount (in millions)	Prior Year Percent
Americas	$8,887	%	$7,648	%
China/Asia Pacific	2,396		1,130
Channel Development	1,731		1,546
EMEA	1,217		1,295
Other	1,924		1,606
Total revenues	$16,155	%	$13,225	%

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b. For vertical analysis, use the total revenues and show the percentage in a column for that year.

c. Based on the percentages in the vertical analysis, which of Starbucks's operations grew more?