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

Respuesta :

Answer:

                                  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%