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Begin by calculating the gross profit for each year, then prepare a horizontal analysis of revenues and gross profit long dash both in dollar amounts and in percentages long dash 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.) Verifone Corp.

Income Statement - (Partial) Years Ended December 31, 2019 and 2018 (Amounts in millions)

2019 2018 2017

Revenues $9,890 $9,690 $9,135

Cost of Goods Sold 6,250 6,000 5,890

Gross Profit ?

Begin by calculating the gross profit for each year, then prepare a horizontal analysis of revenues and gross

profit long dashboth

in dollar amounts and in

percentages long dashfor

20192019

and

20182018.

(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.)

Verifine Corp.

Income Statement - (Partial)

Years Ended December 31, 2019 and 2018

(Amounts in millions)	2019	2018	2017
Revenues	$9,890	$9,690	$9,135
Cost of Goods Sold	6,250	6,000	5,890
Gross Profit

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