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The Total Revenue Figures for Dabous & Sons Construction Company

question 103

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.

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Definitions:

Debt Ratio

A financial ratio that measures the proportion of a company's total debt to its total assets, indicating the company's leverage level.

Total Assets

The combined value of a company's immediate and long-term assets.

Total Liabilities

Total liabilities represent the aggregate of all debts and financial obligations owed by an entity at a given point in time.

Processing Transactions

Processing transactions involves recording, analyzing, and managing the financial events and transactions of a company, ensuring accuracy in the financial statements.

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