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Paw Resorts Inc. provides the following data: (In Millions) 2016 2015 Revenues $15,700 $13,900 Cost of Goods Sold $5,500 $6,150 Prepare a horizontal analysis of
Paw Resorts Inc. provides the following data:
| (In Millions) | 2016 | 2015 |
| Revenues | $15,700 | $13,900 |
| Cost of Goods Sold | $5,500 | $6,150 |
Prepare a horizontal analysis of Revenues and Gross Profit--both in dollar amounts and in percentages. Show your calculations to receive full credit for this problem.
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