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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
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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