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Verifine Corporation reported the following on its comparative income statement: (in millions) 2020 2019 2018 Revenue 13,390 $ 12,875 6,550 $ 5,750 Cost of sales
Verifine Corporation reported the following on its comparative income statement: (in millions) 2020 2019 2018 Revenue 13,390 $ 12,875 6,550 $ 5,750 Cost of sales 12,500 5,000 Perform a horizontal analysis of revenues and gross profitboth in dollar amounts and in percentages--for 2020 and 2019. (Rounc percentage.) Verifine Corporation Comparative Income Statement For The Years Ended December 31, 2020 and 2019 Increase/(Decrease) (amounts in millions) 2020 2019 2020 2019 2018 Change Percentage Change Percentage $ 13,390 $ 12,875 $ 12,500 375 3% 515 41% 6,550 5,750 5,000 $ 6,840 $ 7,125 $ 7,500 (375) (5) % (285) (4)% Revenue Cost of Sales Gross Profit
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