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

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Mivatin Corp. reported the following on its comparative income statement (Click the icon to view the data) Prepare a horizontal analysis of revenues and gross profit---both in dollar amounts and in percentages---for 2025 Begin by calculating the gross profit for each year, then prepare a horizontal analysis of revenue and gross proftboth in dollar amounts and in percentages--or 2025. (Enter amounts in millions as provided to you in the problem statement. Round the percentages to one decimal place XX%. Use a mission or parentheon to indicate a decrease) Mivatin Corp Income Statement - (Partian Years Ended December 31, 2025 2025 2024 (Amounts in millions) Revenues 9.575 5 5,800 9,300 5,600 Cost of Goods Sold Gross Profit the icon to view the data) Table tal analysis of revenues and gross profil-both in dollar amounts and in percentages--for 2025 calculating the gross profit for each year, then prepare a horizontal analysis of revenues and gross profit-both in dollar amounts and in percentage--for ter amounts in millions as provide e a decrease.) XX% Use a minus sign or parentheses Data table Mivatin Income Staten Years Ended Dec (In millions) 2025 2024 Revenue $ 9,575 5 9 300 Cost of Goods Sold 5,800 5 600 2025 is in millions) S 9,575 5,800 Goods Sold Print Done Profit 05

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