Question
The total revenue figures for Dabous & Sons Construction Company are as follows: 2022 2021 2020 2019 2018 Revenue$ 19,690 $ 10,350 $ 9,692 $
The total revenue figures for Dabous & Sons Construction Company are as follows:
2022 2021 2020 2019 2018
Revenue$ 19,690 $ 10,350 $ 9,692 $ 9,984 $ 9,496
Instructions
a)Using horizontal analysis, calculate the percentage of change from the base year amount, assuming 2018 is the base year.
b)Using horizontal analysis, calculate the percentage change for each year.
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
25th Edition
1260247988, 978-1260247985
