Question
Verifine Corp. reported the following on its comparative income statement (Click the icon to view the data) Prepare a horizontal analysis of revenues and gross
Verifine Corp. reported the following on its comparative income statement (Click the icon to view the data) Prepare a horizontal analysis of revenues and gross proft-both in dollar amounts and in percentage-for 2025 Begin by calculating the gross profit for each year, then prepare a horizontal analysis of revenues and gross profe-both in dolar amounts and in percentages- 2025. (Enter amounts in millions as provided to you in the problem statem Round the percentages to one decimal place, XX% Use a minus sign or parentheses to indicate a decrease) Verifine Corp. Income Statement-(Partial) Years Ended December 31, 2025 Increase (Decrease) Data Table 2025 (Amounts in millions) 2025 2024 Amount Percentage Revenues $ 9,800 9.690 (in millions) 2025 2034 Cost of Goods Sold 6,250 6,000 Revenue $ 000 9000 Gross Prof Cost of Goods Sold 6,250 8.000 Print Done
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