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Muscateer Corp. reported the following on its comparative income statement: (Click the icon to view the data.) Prepare a horizontal analysis of revenues and gross
Muscateer Corp. reported the following on its comparative income statement: (Click the icon to view the data.) Prepare a horizontal analysis of revenues and gross profitboth in dollar amounts and in percentagesfor 2025. Begin by calculating the gross profit for each year, then prepare a horizontal analysis of revenues and gross profitboth in dollar amounts and in percentages-for 2025. (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 table
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