For example, you can apply growth rate (i.e., growth percentage). If revenues were 10 two years ago
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For example, you can apply growth rate (i.e., growth percentage). If revenues were 10 two years ago and 12 last year, the growth rate is (12 − 10) / 10 = 0.20 or 20 percent. You can average growth rates for the past years to arrive at a measure of incremental change.
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Financial Management In The Public Sector Tools Applications And Cases
ISBN: 9780765636898
3rd Edition
Authors: Xiaohu Wang
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