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Year 3 Year 2 Year 1 11,598 10,470 10,972 8,942 8,767 7,901 Income Statement Revenue Cost of Goods Sold Selling, General & Admin. Expenses Interest

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Year 3 Year 2 Year 1 11,598 10,470 10,972 8,942 8,767 7,901 Income Statement Revenue Cost of Goods Sold Selling, General & Admin. Expenses Interest expense Net Income 2,470 2,611 2,479 76 80 28 (516) 140 62 Balance Sheet Assets Cash 1,354 1,316 1,880 202 522 125 375 250 231 Prepaid expenses Accounts receivable Inventory Property & equipment (net) Total Assets 745 698 455 20,464 18,810 17.727 23,140 21,596 20,418 743 678 Liabilities Accounts payable Unredeemed gift cards Notes Payable 2,824 410 15,457 850 636 18,048 17.024 985 545 815 Stockholders' Equity Common Stock Retained Earnings Total Liabilities & Equity 3,464 23,140 1,410 21,596 1.265 20,418 Incorrect Question 1 0/1 pts For a horizontal analysis, what is the percent change in revenues for year 3? Convert your final answer to a percentage, round to one decimal place and enter without the "%" sign (e.g. a final answer of 0.105678 would be entered as 10.6). -11.5

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