Twenty-First Century Fox, Inc. is one of the world's largest entertainment companies that includes Twentieth Century Fox
Question:
Twenty-First Century Fox, Inc. is one of the world's largest entertainment companies that includes Twentieth Century Fox films, Fox Broadcasting, Fox News, the FX, and various satellite properties. The company provided revenue disclosures by its major product segments in the notes to its financial statements as follows:
Major Product Segments
For a Recent Year
(in millions)
Cable Network Programming ...................$13,773
Television .......................................... 4,895
Filmed Entertainment ............................ 9,525
Direct Broadcast Satellite Television .......... 2,112
Total revenues of major segments ..............$30,305
a. Provide a vertical analysis of the product segment revenue. Round whole percents to one decimal place.
b. Are the revenues of Twenty-First Century Fox, Inc. diversified or concentrated within a product segment? Explain.
Financial StatementsFinancial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Accounting
ISBN: 978-1337899451
27th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac