I am looking for assistance on questions A, B, C, and D. Also if you could please review my percentages in red.

lome Insert Formulas Data Review & Cut Arial * 11 - A" A" =1 ap Wrap Text General Normal Bad Good Neutral Calculation AutoSum IG Copy AP O Paste Format Painter BIU - - LA. BEE GEE Merge & Center $ ~ % 9 08 28 Conditional Format as Check Cell Explanatory ... Input Linked Cell Fill Note nsert Delete Format Formatting * Table Clear Sort & Find & Filter . Select Clipboard Font Alignment Number Styles Cells Editing D28 X V B D E G H K L M N O P Q 12 Months Ended in Millions $ Percentages W N Kohl's Corporation Common Size Income Statement Feb. 02, 2019 Feb. 03, 2018 Jan. 28, 2017 Feb. 02, 2019 Feb. 03, 2018 Jan. 28, 2017 Total revenue $ 20,229 $ 20,084 $ 19,68 100.00% 100.00% 100.00% 4 Cost of merchandise sold 12, 199 12,176 11,944 60.30% 60.63% 60.69% 5 Gross Margin $ 8,030 $ 7,908 $ 7,737 39.70% 39.37% 39.31% 6 Operating expenses: 7 Selling, general and administrative $ 5,601 $ 5,501 $ 5,430 27.69% 27.39% 27.59% 8 Depreciation and amortization 964 991 938 4.77% 4.93% 4.77% 9 Impairments, store closing and other costs 104 186 0.51% 0.00% 0.95% 10 Operating income 1,361 1,416 1,183 6.73% 7.05% 6.01% 11 Interest expense, net 256 299 308 1.27% 1.49% 1.56% 12 Loss on extinguishment of debt 63 0.31% 0.00% 0.00% 13 Income before income taxes 1,042 1,117 875 5.15% 5.56% 4.45% 14 Provision for income taxes 241 258 319 1.19% 1.28% 1.62% 15 Net income $ 801 $ 859 $ 556 3.96% 4.28% 2.83% 16 17 18 a. Review the income statement vertical analyses percentage and provide at least two major changes over the three years. Are these changes a positive or negative trend? You should be focusing on specific accounts and not subtotals or totals 19 20 21 b. What are the company's 2 largest major expenses for the current year? 22 23 24 C. Discuss the fluctuations in interest expense and income taxes. What are the cause of these changes? You need to be specific to what is occurring in the financial statements of each of these companies. Do not provide generic comments. 25 26 27 28 d. Was the company more or less profitable when compared to the prior year? What caused the change in income from the prior year? Include in your comments discussion of the gross margin percentage. 29 30 31 32 33 34 35 36 37 38 39 JCP_CommonSizeBalanceSheet KSS_CommonSizeBalanceSheet JCP_CommonSizeIncomeStatement KSS_CommonSizeIncomeStatement Ratio and Comments GradingRubric Ready " -- + 100%