Answer the questions given using the income statement information for AMC (shown below). AMC ENTERTAINMENT HOLDINGS, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except share and per share amounts) December 31, 2020 December 31, 2019 Revenues Total revenues Operating costs and expenses Film exhibition costs Food and beverage costs Operating expense, excluding depreciation and amortization below Rent General and administrative: Depreciation and amortization Impairment of long-lived assets, definite and indefinite-lived $1,242.4$5,471.0 intangible assets and goodwill Operating costs and expenses Operating income (loss) Total other expense, net Net earnings (loss) before income taxes Income tax provision (benefit) \begin{tabular}{rr} 322.7 & 1,699.1 \\ \hline 88.8 & 278.7 \\ 856.0 & 1,686.6 \\ 884.1 & 967.8 \\ 181.3 & 168.5 \\ \hline 498.3 & 450.0 \\ 2,513.9 & 84.3 \end{tabular} Net earnings (loss) attributable to AMC Entertainment Holdings, Inc. $ Comparing the ratio of Operating Costs and Expenses to Total Revenues for years ended December 31, 2020 and December 31, 2019, we find that: A. The ratio improved from 2019 to 2020. B. The ratio deteriorated from 2019 to 2020 . C. There was no change from 2019 to 2020. QUESTION 2 Applying vertical analysis to AMC Holdings, the relationship of Operating Costs and Expenses as a percent of total revenues for the year ended December 31, 2019 (rounded to 2 decimals) is A. 97.51% B. 102.55% C. 3578.13% D. 2.79% QUESTION 3 AMC Entertainment Holdings, Inc., is a: A. Partnership B. Sole Proprietorship C. Corporation D. Business Segment QUESTION 4 Applying vertical analysis to AMC Holdings, the relationship of Film Exhibition costs as a percent of total revenues for the year ended December 31 , 2019 (rounded to 2 decimals) is A. 31.06\% B. 322.00% C. 385.00% D. 25.97% Applying vertical analysis to AMC Holdings, the relationship of Operating Costs and Expenses as a percent of total revenues for the year ended December 31, 2020 (rounded to 2 decimals) is A. 430.22% B. 116.47% C. 23.24% D. 85.86% QUESTION 6 The relationship of Film Exhibition Costs to Total Revenues: A. Deteriorated from the year ended December 31, 2019 to the year ended December 31, 2020. B. Improved from the year ended December 31, 2019 to the year ended December 31, 2020. C. Did notchange from the year ended December 31, 2019 to the year ended December 31, 2020. Applying vertical analysis to AMC Holdings, the relationship of Film Exhibition Costs as a percent of total revenues for the year ended December 31 , 2020 (rounded to 2 decimals) is A. 25.97% B. 31.06% C. 385.00% D. 322.00%