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Monday Corp. reported the following on its comparative income statement E(Click the icon to view the data.) Prepare a horizontal analysis of revenues and gross
Monday Corp. reported the following on its comparative income statement E(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, .%. Use a minus sign or parentheses to indicate a decrease.) Monday Corp. Income Statement (Partial) Years Ended December 31, 2019 and 2018 Data Table Increase (Decrease) In millions) Revenue Cost of Goods Sold 2019 2018 2019 2018 2017 2019 2018 2017 Amount Percentage Amount Percentage $9,675 S 9,460 $ 9,125 Amounts in milllons) Revenues Cost of Gocds Sol Gross Profit 5,800 5,600 5,500 $ 9,675 9,460$ 9,125 5.600 5,800 5,500 PrintDone
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