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5. Right Corp. reported the following on its comparative income statement: 2019 2018 (In millions) Net Sales Revenue Cost of Goods Sold $ 18,000 $
5. Right Corp. reported the following on its comparative income statement: 2019 2018 (In millions) Net Sales Revenue Cost of Goods Sold $ 18,000 $ 16,000 6.000 3,500 Prepare a horizontal analysis of net sales revenue, cost of goods sold, and gross profitboth 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.) Right, Corp. Income Statement - (Partial) Years Ended December 31, 2019 and 2018 Increase (Decrease) 2019 2018 (Amounts in millions) Percentage Net Sales Revenue $ 18,000 $ 16,000 % 6.000 Cost of Goods Sold 3,500 Amount Gross Profit
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