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Margaret Corp. reported the following on its comparative income statement: 2020 2019 2018 Revenue $9,930 $9,500 $9,200 Cost of Goods Sold 7,250 7,200 6,127 Prepare

Margaret Corp. reported the following on its comparative income statement: 2020 2019 2018 Revenue $9,930 $9,500 $9,200 Cost of Goods Sold 7,250 7,200 6,127 Prepare a horizontal analysis of revenues and gross profit--both in dollar amounts and in percentages--for 2020 and 2019. Increase (Decrease) 2020 Increase (Decrease) 2019 2020 2019 2018 Amount Percent Amount Percent Revenue COGS Gross Profit

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