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S17-2 similar to please show work Mivatin Corp. reported the following on its comparative income statenent BB (Click the icon to view the data.) Prepare

S17-2 similar to
please show work image text in transcribed
Mivatin Corp. reported the following on its comparative income statenent BB (Click the icon to view the data.) 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 percentagesfor 2019 and 2018. (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.) Mivatin Corp. Income Statement-(Partial) Years Ended December 31, 2019 and 2018 - X Data Table 2019 2018 2017 (Amounts in millions) Revenues 9,725 $ 9.220 9.920 S (In millions) 2019 2018 2017 5,800 5,600 5,500 Cost of Goods Sold Revenue S 9,020 $ 9,725 S 9.220 Gross Profit Cost of Goods Sold 5,800 5,000 5,500 Print Done Enter any number in the edit fields and then click Check Answer part remaining Check Answer Clear All

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