The total revenue figures for Dabous & Sons Construction Company are as follows: $$\begin{array} { | c | c | c | c | c | c | }
\hline & 2022 & 2021 & 2020 & 2019 & 2018 \
\hline \text { Revenue } & \$ 19,690 & \$ 10,350 & \$ 9,692 & \$ 9,984 & \$ 9,496 \
\hline
\end{array}$$ 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.

Question

The total revenue figures for Dabous & Sons Construction Company are as follows: $$\begin{array} { | c | c | c | c | c | c | } 
\hline & 2022 & 2021 & 2020 & 2019 & 2018 \
\hline \text { Revenue } & \$ 19,690 & \$ 10,350 & \$ 9,692 & \$ 9,984 & \$ 9,496 \
\hline
\end{array}$$ 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.

Quizplus · Accepted Answer

The Answer of The total revenue figures for Dabous & Sons Construction Company are as follows: $$\begin{array} { | c | c | c | c | c | c | } 
\hline & 2022 & 2021 & 2020 & 2019 & 2018 \
\hline \text { Revenue } & \$ 19,690 & \$ 10,350 & \$ 9,692 & \$ 9,984 & \$ 9,496 \
\hline
\end{array}$$ 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.

The Total Revenue Figures for Dabous & Sons Construction Company