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Verifine Corporation reported the following on its comparative income statement: (in millions) 2017 2016 2015 Revenue.................. $13,130 $13,000 $12,500 Cost of sales.. ......................... $4,520 $4,600
Verifine Corporation reported the following on its comparative income statement: (in millions) 2017 2016 2015 Revenue.................. $13,130 $13,000 $12,500 Cost of sales.. ......................... $4,520 $4,600 $3,750 for 2017 and 2016. (Round your answers to two decimal places. Use a minus sign or parentheses Perform a horizontal analysis of revenues and gross profitboth in dollar amounts and in percentages represent a decrease in amount or percentage.) Verifine Corporation Comparative Income Statement For The Years Ended December 31, 2017 and 2016 Increasel(Decrease) (amounts in millions) 2017 2016 2017 2016 2015 Change Percentage Change Percentage $ 13,130 $ 13,000 $ 12,500 500 % 4,520 4,600 3,750 Revenue Cost of Sales Gross Profit
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