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The Total Revenue Figures for Dabous & Sons Construction Company

Question 124

Essay

The total revenue figures for Dabous & Sons Construction Company are as follows: 20142013201220112010 Revenue $19,690$10,350$9,692$9,984$9,496\begin{array} {| l| l| l| l| l| l| }\hline &2014&2013&2012&2011&2010\\\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 2010 is the base year.
b. Using Horizontal analysis, calculate the percentage change for each year.

Correct Answer:

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