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McCormick Corporation reported the following amounts on its 2020 comparative income statement: (in thousands) 2020 2019 2018 Revenues $ 10.889 $ 10,095 $ 9,777 Total
McCormick Corporation reported the following amounts on its 2020 comparative income statement: (in thousands) 2020 2019 2018 Revenues $ 10.889 $ 10,095 $ 9,777 Total expenses......... 5,975 5,610 5,180 Perform a horizontal analysis of revenues and net incomeboth in dollar amounts and in percentagesfor 2020 and 2019. CAPE (Round the percentage calculations to one decimal place. Use parentheses or a minus sign to indicate a decrease.) McCormick Corporation Horizontal Analysis Years Ended December 31, 2020, 2019. and 2018 Increase (Decrease) (amounts in thousands) 2020 2019 2020 2019 2018 Amount % Amount % Revenues 10889 10095 9777 794 7.9 318 3.3 5975 5610 5180 Expenses 4914 4485 3967 Net income 429 9.6 518 13.0
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