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5. Ideal Corp. reported the following on its comparative income statement: (in millions) 2019 2018 Net Sales Revenue $ 17,000 $ 15,000 Cost of Goods

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5. Ideal Corp. reported the following on its comparative income statement: (in millions) 2019 2018 Net Sales Revenue $ 17,000 $ 15,000 Cost of Goods Sold 8,500 5,000 Prepare a horizontal analysis of net sales revenue, cost of goods sold, and gross profitboth in dollar amounts and in percentages. (Ente percent, X%. Use a minus sign or parentheses to indicate a decrease.) Ideal, Corp Income Statement - (Partial) Years Ended December 31, 2019 and 2018 Increase (Decrease) (Amounts in millions) 2019 2018 Amount Percentage Net Sales Revenue $ 17,000 $ 15,000 $2,000 Cost of Goods Sold 8,500 5,000 $3,500 % Gross Profit $8,500 $10,000 $-1,500 % %

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