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Prepare a horizontal analysis of revenues and gross profit-both in dollar amounts and in percentages--for 2025. Years Ended December 31, 2025 2025 2024 (Amounts in

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Prepare a horizontal analysis of revenues and gross profit-both in dollar amounts and in percentages--for 2025. Years Ended December 31, 2025 2025 2024 (Amounts in millions) Revenues S 9.500 5 5,810 9,250 5.675 Cost of Goods Sold Gross Profit Variline 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 revenues and gross profilboth 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, XX% Use a minus sign or parentheses to indicate a decrease.) Varline Corp Income Statement - (Partial) Years Ended December 31, 2025 Variline 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 percentagesfor 2025. Years Ended December 31, 2025 2025 2024 (Amounts in millions) Revenues $ 9,500 $ 5,810 9.250 5,675 Cost of Goods Sold Gross Profit

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