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: Using the revenue disclosures by major product segment listed below, provide a vertical analysis of the product segment revenues. Round all percentages to one decimal place.
Major Product Segments For a Recent Year(in millions) Percent (%)
Cable Network Programming $13,773 %
Television 4,895
Filmed Entertainment 9,525
Direct Broadcast Satellite Television 2,112
Total revenues of major segments $30,305 100.0%

Major Product Segments              For a Recent Year     Percent (%)

                                                             (in millions)

Cable Network Programming                      $13,773             45.45%

Television                                                       $4,895               16.15%

Filmed Entertainment                                    $9,525               31.43%

Direct Broadcast Satellite Television             $2,112                6.97%  

Total revenues of major segments            $30,305             100.0%

Explanation:

Cable Network Programming = division revenue / total yearly revenue = $13,773 / $30,305 = 45.45%

Television = division revenue / total yearly revenue = $4,895  / $30,305 = 16.15%

Filmed Entertainment = division revenue / total yearly revenue = $9,525  / $30,305 = 31.43%

Direct Broadcast Satellite Television = division revenue / total yearly revenue = $2,112  / $30,305 = 6.97%

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