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Prepare a horizontal analysis of revenues and gross profitlong dashboth in dollar amounts and in percentageslong dashfor 2025. Question content area bottom Part 1 Begin
Prepare a horizontal analysis of revenues and gross profitlong dashboth in dollar amounts and in percentageslong dashfor 2025. Question content area bottom Part 1 Begin by calculating the gross profit for each year, then prepare a horizontal analysis of revenues and gross profitlong dashboth in dollar amounts and in percentageslong dashfor 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.) Variline Corp. Income Statement - (Partial) Years Ended December 31, 2025 Increase (Decrease) 2025 (Amounts in millions) 2025 2024 Amount Percentage Revenues $9,610 $9,355 255 2.7 % Cost of Goods Sold 6,100 6,000 Gross Profit %
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