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Begin by calculating the gross profit for eachyear, then prepare horizontal analysis of revenues and gross profit both in dollar amounts and in percentages for

Begin by calculating the gross profit for eachyear, then prepare horizontal analysis of revenues and gross profit both in dollar amounts and in percentages for 2019 2019 and 2018 2018.

(In millions)

2019 2018 2017

Revenue $ 9,500 $9,250 $8,900

Cost of Goods Sold $ 5,810 5,675 5,600

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