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5. Reliable Corp. reported the following on its comparative income statement: (In millions) 2025 2024 Net Sales Revenue S 13,000 S 11,000 11.000 7.000 Cost
5. Reliable Corp. reported the following on its comparative income statement: (In millions) 2025 2024 Net Sales Revenue S 13,000 S 11,000 11.000 7.000 Cost of Goods Sold 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 millic percentages to the nearest percent, X%. Use a minus sign or parentheses to indicate a decrease.) st EE Reliable, Corp. Income Statement - (Partial) Years Ended December 31, 2025 and 2024 Increase (Decrease) (Amounts in millions) 2025 2024 Amount Percentage Net Sales Revenue S 13,000 S 11,000 11,000 7,000 Cost of Goods Sold Gross Profit
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