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Mivatin Corp. reported the following on its comparative income statement BEB (Click the icon to view the data.) Prepare a horizontal analysis of revenues and

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Mivatin Corp. reported the following on its comparative income statement BEB (Click the icon to view the data.) Prepare a horizontal analysis of revenues and gross profit-both in dollar amounts and in percentages-for 2019 and 2018 Begin by calculating the gross profit for each year, then prepare a horizontal analysis of revenues and gross profit-both in dollar amounts and in percentages-for 2019 and 2018. (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) Mivatin Corp. Income Statement (Partial) Years Ended December 31, 2019 and 2018 Increase (Decrease) 2018 2019 Percentage Amount Percentage 2018 2017 Amount 2019 (Amounts in millions) % 9.050 % Revenues 9,610 $ 9.355 S 6.200 5,990 6,310 Cost of Goods Sold % Gross Proit (Partial) Ende Data Table 2018 (In millions) 2019 2018 2017 9,355 6,200 Revenue $ 9,610 $ 9,050 9,355 $ Cost of Goods Sold 6,310 6,200 5,990 Print Done

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