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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
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, X.X%. Use a minus sign or parentheses to indicate a decrease.) Monday Corp. Income Statement - (Partial) Years Ended December 31, 2019 and 2018 Increase (Decrease) 2019 2018 Percentage 2019 2018 2017 Amount Percentage Amount (Amounts in millions) Revenues $ Cost of Goods Sold Gross Profit 9,950 $ 9,775 $ 5.810 5,675 4,140 $4,100 $ 9,250 5,600 3,650 $ Enter any number in the edit fields and then click Check Answer Check Answer All parts showing
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