McDonald Corp.reported the following on its comparative income statement (in millions):
Prepare a horizontal analysis of revenues and cost of goods sold,both in dollar amounts and in percentages,for 2019 and 2018.(Round your percentage answers to two decimal places. )
Definitions:
Rate of Interest
The percentage of principal charged by the lender for the use of its money.
Future Value
The value of an investment at a specific future date, based on its current value and anticipated growth rate.
Future Value
The value of an investment at a specific date in the future, taking into account factors like interest rates or returns.
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