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McDonald Corp. reported the following on its comparative income statement: View the data. Prepare a horizontal analysis of net sales revenue, cost of goods sold,

image text in transcribed McDonald Corp. reported the following on its comparative income statement: View the data. Prepare a horizontal analysis of net sales revenue, cost of goods sold, and gross profitboth in dollar amounts and in percentagesfor 2026. Begin by calculating the gross profit for each year, then prepare a horizontal analysis of net sales revenue, cost of goods sold, and gross profitboth in dollar amounts and in percentages-for 2026 (Enter amounts in millions as provided to you in the problem statement. Round the percentages to one decimal place, X.X\%. Use a minus sign or parentheses to indicate a decrease.) Data

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