Question: Murray Corp. reported the following on its comparative income statement (Click the icon to view the data.) Prepare a horizontal analysis of revenues and gross

Murray Corp. reported the following on its comparative income statement (Click

the icon to view the data.) Prepare a horizontal analysis of revenues

Murray 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 percentages for 2025. Begin by calculating the gross profil for each year, then prepare a horizontal analysis of revenues and gross profil both in dollar amounts and in percentages for 2025. (Enter amounts in milions as provided to you in the problem slalement. Round the percenlages to one decimal place, XX%. Use a minus sign or parentheses to indicate a decrease.) Murray Corp. Income Statement - (Partial) Years Ended December 31, 2025 - X Data table Increase (Decrease) 2025 2025 2024 (Amounts in millions) Amount Percentage (in millions) 2025 2024 Revenues $ 9,950 S 9,775 S 175 20% Revenue $ 9,950 $ 9,775 Cost of Goods Sold 5.975 Cost of Goods Sold 6,000 5.975 Grass Profit $ $ 3,950 $ 3.800 150 4.0 6,000 Print Done

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