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Business, 02.07.2019 18:20 Cate9216

Hooser corp. reported the following on its comparative income statement: (click the icon to view the data.) prepare a horizontal analysis of revenues and gross profitlong dashboth in dollar amounts and in percentageslong dashfor 2019 and 2018. begin by calculating the gross profit for each year, then prepare a horizontal analysis of revenues and gross profitlong dashboth in dollar amounts and in percentageslong dashfor 2019 and 2018. (enter amounts in millions as provided to you in the problem statement. round the percentages to one decimal place, x. x%. use a minus sign or parentheses to indicate a decrease.) hooser corp. income statement - (partial) years ended december 31, 2019 and 2018 (amounts in millions) 2019 2018 2017 revenues $9,975 $9,800 $9,275 cost of goods sold 6,310 6,200 5,990 gross profit $3,665 $3,600 $3,285 increase (decrease) 2019 2018 amount percentage amount percentage 175 1.8 % 525 5.7 % 165 4.6 % 315 9.6 %

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