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Connie and Jill Operate Reardon's Bakery Which Has the Following

Question 201

Essay

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 512,000550,000 Desserts 417,000468,000 Beverages 875,000815,000 Total revenues $2,495,000$2,495,000\begin{array} { | l | r | r | } \hline \text { Segment } & \begin{array} { c } \text { Current Year } \\\text { (in thousands) }\end{array} & \begin{array} { c } \text { Prior Year } \\\text { (in thousands) }\end{array} \\\hline \text { Cakes } & \$ 691,000 & \$ 662,000 \\\hline \text { Cupcakes } & 512,000 & 550,000 \\\hline \text { Desserts } & 417,000 & 468,000 \\\hline \text { Beverages } & \underline{ 875,000 } &\underline{ 815,000 } \\\hline{ \text { Total revenues } } & \mathbf { \$ 2 , 4 9 5 , 0 0 0 } & \mathbf { \$ 2 , 4 9 5 , 0 0 0 } \\\hline\end{array}

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