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Conduct a horizontal analysis of the BalanceSheet and items,analyze the trends,identify problems AVIS RENT-A-CAR INCOME STATEMENT ($ millions) 2015 2016 2017 2018 2019 Sales Cost

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AVIS RENT-A-CAR INCOME STATEMENT ($ millions) 2015 2016 2017 2018 2019 Sales Cost of Goods Sold Gross Profit 24,455 20,391 4,064 1,374 2,690 655 25,477 21,448 4,029 1,391 2,638 955 26,858 22,480 4,378 1,426 2,952 2,215 28,374 24,023 4,351 1,416 2,935 2,021 30,052 24,826 5,226 1,425 3,801 1,987 Depreciation Operating Profit Interest Expense Non-Operating Income/Expense Pretax Income 412 179 661 256 188 1,398 2,002 Total Income Taxes Minority Interest Net Income 2,327 725 178 1,424 1,862 625 201 1,036 316 208 1,170 268 229 627 321 874 673 1,054

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