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The average price of a gallon of gas in 2018 increased $0.30(12.4 percent) from $2.42...

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Accounting

The average price of a gallon of gas in 2018 increased $0.30(12.4 percent) from $2.42 in 2017 to $2.72 in 2018.
Required:
Conduct a horizontal analysis by calculating the year-over-year changes in each line item, expressed in dollars and in percentages for the income statement of Bronze, Incorporated for the year ended December 31,2018(amounts in billions).
2-a. Conduct a vertical analysis by expressing each line as a percentage of total revenues
2-b. Excluding income tax and other operating costs, did Bronze earn more gross profit per dollar of revenue in 2018 compared to 2017?
Complete this question by entering your answers in the tabs below.
Req 1
Req 2A
Conduct a horizontal analysis by calculating the year-over-year changes in each line item, expressed in dollars and in percentages for the income statement of Bronze, Incorporated for the year ended December 31,2018(amounts in billions).(Decreases should be indicated by a minus sign. Enter your answers in billions (i.e.,10,000,000,000 should be
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\table[[BRONZE, INCORPORATED],[Income Statements],[(amounts in billions)],[For the Year Ended December 31],[\table[[Revenues]],2018,2017,Change in],[Dollars,Percentage,],[$,306,$,260,,,%
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