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Homework: Week Three Exercises Chapter Question 1, S17-2 (similar to) HW Score: 68.45%, 6.84 of 10 points Part 2 of 2 Points: 0.27 of 1 Save looser Corp. reported the following on its comparative income statement: TE (Click the icon to view the data.) Prepare a horizontal analysis of revenues and gross profit-both in dollar amounts and in percentages-for 2019 and 2018. Begin by calculating the gross profit for each year, then prepare a horizontal analysis of revenues and gross profit-both in dollar amounts and in percentages-for 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 Increase (Decrease) - X 2019 2018 Data table (Amounts in millions) 2019 2018 2017 Amount Percentage Amount Percentage Revenues 9.680 $ 9,500 $ 9,130 (In millions) 2019 2018 2017 Cost of Goods Sold 6,310 6,200 5,990 Revenue 9,680 $ 9,500 S 9,130 Gross Profit 3,370 $ 3,300 $ 3,140 Cost of Goods Sold 6.310 6,200 5,990 Print Done Help me solve this Demodocs example Get more help