A company reports geographic revenue: North America $8,200,000, Europe $3,600,000, Asia-Pacific $2,100,000, with total consolidated revenue of $14,200,000. What percentage of total revenue is generated outside of North America?
- 57.7%
- 40.1% (correct answer)
- 34.5%
- 59.9%
Explanation: Non-North America revenue = $3,600,000 + $2,100,000 = $5,700,000. Percentage = $5,700,000 / $14,200,000 = 40.1%. Option A calculates North America as a percentage of total rather than non-North America. Option C uses only one non-domestic segment in the numerator. Option D is the complement of the North America percentage calculated with the wrong base.