Donald Corp Prepare a Horizontal Analysis of Revenues and Cost of Goods

question 76

Essay

Donald Corp. reported the following on its comparative income statement:
$\begin{array}{llll}(\text { In millions) } & 2017 & 2016 & 2015 \\\hline \text { Revenue } & \$ 728 & \$ 675 & \$ 500 \\\text { Cost of goods sold } & 312 & 258 & 220\end{array}$ Prepare a horizontal analysis of revenues and cost of goods sold, both in dollar amounts and in percentages, for 2016 and 2017. Round your percentage answers to two decimal places.

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Definitions:

Electronic Democracy

A form of democracy in which information and communication technology is used to enhance political and governmental processes.

Political Participation

Activities by individuals aimed at influencing political decisions or the selection of political leaders.

Civil Society

refers to the aggregate of non-governmental organizations and institutions that manifest interests and will of citizens or the society at large, working on the voluntary basis.

State Institutions

Established organizations or foundations, typically funded and operated by the government, designed to serve the public interest and fulfill a specific function.