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5. Choice Corp. reported the following on its comparative income statement: (in millions) 2019 2018 Net Sales Revenue $ 16,000 $ 14,000 Cost of Goods

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5. Choice Corp. reported the following on its comparative income statement: (in millions) 2019 2018 Net Sales Revenue $ 16,000 $ 14,000 Cost of Goods Sold 7,500 4,500 Prepare a horizontal analysis of net sales revenue, cost of goods sold, and gross profit-both in dollar amounts and in percentages. (Enter amounts in millions. Round the percentages to the nearest percent, X%. Use a minus sign or parentheses to indicate a decrease.) Years Ended December 31, 2019 and 2018 Increase (Decrease) Amount Percentage (Amounts in millions) Net Sales Revenue Cost of Goods Sold $ 2019 2018 16,000 $ 14,000 7,500 4,500 Gross Profit Enter any number in the edit fields and then continue to the next

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