Question: Segment Analysis Verity Company does business in two customer segments: Retail and Wholesale. The following annual revenue information was determined from the accounting system's invoice
Segment Analysis Verity Company does business in two customer segments: Retail and Wholesale. The following annual revenue information was determined from the accounting system's invoice information: 2015 2014 Retail $145,400 $ 138,500 Wholesale 173,100 189,300 Total revenue $318,500 $327,800 Prepare a horizontal analysis of the segments. Round percentages to one decimal place. Enter negative values as negative numbers. Verity Company Horizontal Analysis For the Years 2014 and 2015 2045 2014 Difference - Amount Difference - Percent $145,400 $138,500 6,900 104 X % Retail Wholesale 173,100 189,300 -16,200 91 X % 97 X % Total revenue $318,500 $327,800 -9,300 Feedback Check My Work The older year (or 2014) is the base year for horizontal analysis. A positive number is an increase from 2004 to 20YS, while a negative number is a decrease from 2014 to 2015. Round percentages to one decimal place, Prepare a vertical analysis of the segments. If required, round percentages to one decimal place
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