Ask Question
23 July, 15:11

McHale Company does business in two customer segments, Retail and Wholesale. The following annual revenue information was determined from the accounting system's invoice information:

20Y5

Retail $249,570

Wholesale $366,685

Total Revenue $616,255

20Y4

Retail $265,500

Wholesale $324,500

Total Revenue $590,000

Prepare a horizontal analysis of the segments. Round percentages to one decimal place. Enter negative values as negative numbers

+2
Answers (1)
  1. 23 July, 15:20
    0
    McHale Company

    Horizontal Analysis of the segments

    For the years 20Y4 and 20Y5

    20Y5 20Y4 Difference amount Difference Percent

    Retail $249,570 $265,500 $15,930 6.0%

    Wholesale $366,685 $324,500 $42,185 13.0%

    Total revenue $616,255 $590,000 $58,115 3.85%

    Difference Percent Working

    Retail = $15,930 / $265,500 * 100 = 6%

    Wholesales = $42,185 / $324,500 * 100 = 13%

    Total revenue = $58,115 / $590,000 * 100 = 3.85%
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “McHale Company does business in two customer segments, Retail and Wholesale. The following annual revenue information was determined from ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers