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Vap Datatable 2012 2011 E SE 22 Done Data table (In millions) 2019 2018 2017 Revenue $ 9.920 $ 9.725 $ 9,220 Cost of Goods

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Vap Datatable 2012 2011 E SE 22 Done Data table (In millions) 2019 2018 2017 Revenue $ 9.920 $ 9.725 $ 9,220 Cost of Goods Sold 6.250 6,000 5.890 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 profitboth 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 doli parentheses to indicate a decrease.) Variline Corp Income Statement - (Partial) Years Ended December 31, 2019 and 2018 Increase (Decrease) 2019 2018 (Amounts in millions) 2019 2018 2017 Amount Percentage Amount Percentage Revenues $ 9.920 $ 9,725 5 9.220 Cost of Goods Sold 6.250 6,000 5.890 Gross Profit 5 3.670 $ 3,725 S 3330 %

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