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$ 9,984$ 9,496 a)Using
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
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 Managerial Accounting Concepts
Authors: Thomas Edmonds
6th Edition
78110890, 978-0078110894
