Question

Connie and Jill operate Reardon's Bakery which has the following segment revenues for the most recent two fiscal years. Prepare a vertical analysis. Round percentages to two decimal places.

Segment

Current Year

(in thousands)

Prior Year

(in thousands)

Cakes $ 691,000$ 662,000
Cupcakes 512,000 550,000
Desserts 417,000 468,000
Beverages 875,000 815,000
Total revenues $2,495,000$2,495,000

Answer

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