Calculate the percentage change for each year

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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

Required -

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.

Reference no: EM132615414

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