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2019 2018 2017 (In millions) Revenue $ 9,460 $ 9,125 9,675 $ 6,120 Cost of Goods Sold 5,900 5,675 Print Done McCormick Corp. reported the
2019 2018 2017 (In millions) Revenue $ 9,460 $ 9,125 9,675 $ 6,120 Cost of Goods Sold 5,900 5,675 Print Done McCormick Corp. reported the following on its comparative income statement: (Click the icon to view the data.) Prepare a horizontal analysis of revenues and gross profitboth in dollar amounts and in percentages--for 2019 and 2018 Begin by calculating the gross profit for each year, then prepare a horizontal analysis of revenues and gross profit both indica provided to you in the problem statement. Round the percentages to one decimal place, X.X%, Use a minus sign or parenthesea McCormick Corp. Income Statement - (Partial) Years Ended December 31, 2019 and 2018 Increase (Decrease) 2019 2018 2019 2018 2017 Amount Percentage Amount Percentage (Amounts in millions) Revenues 9,675 $ 9,460 $ 9,125 % 6,120 5,900 5,675 Cast of Goods Sold Enter any number in the edit fields and then continue to the next
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