please answer all requirements with clear notes so i am able to understand

please answer all requirements with clear notes so i am able to understand

McCormick 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 percentagesfor 2025. Begin by calculating the gross profit for each year, then prepare a horizontal analysis of revenues and gross profitboth in dollar amounts and in percentagesfor 2025. (Enter amounts in millions as provided to you in the problem statement. Round the percentages to one decimal place, XX%. Use a minus sign or parentheses to indicate a decrease.) McCormick Corp. Income Statement - (Partial) Years Ended December 31, 2025 2025 2024 0 Data Table (Amounts in millions) Revenues $ 9,355 9,610 $ 7,240 Cost of Goods Sold 6,800 (In millions) 2025 2024 Gross Profit Revenue $ 9,610 $ 9,355 Cost of Goods Sold 7,240 6,800 Print Done