00:01
Hi, in this question we need to prepare a horizontal analysis.
00:04
This is for revenue as well as gross profit.
00:11
As we know, we are given with a table with the values for revenue and cost of goods sold.
00:19
And gross profit can be calculated as revenue minus cost of goods sold.
00:26
We can make a table for revenue, cost of goods sales and gross profit.
00:36
For revenue in the year 2019, 2018, 2017.
00:46
The revenue is $9610.
00:52
Cost of goods sold is $6 .310.
00:56
And subtracting these two, we get the cross profit.
00:59
That would be equals to $30 ,300.
01:04
And in 2018, we have the revenue $935.
01:11
And cost of goods sold is $6 ,200.
01:14
So the gross profit will be subtraction of these two, that is equals to $3 .1 .25...