If a company has sales of $100 in 2012 (the base period) and $560 in 2013 (the analysis period), the percentage of the base period is 460%.

Name: If a company has sales of $100 in 2012 (the base period) and $560 in 2013 (the analysis period), the percentage of the base period is 460%.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The percentage of the base period can be calculated using the following formula: (Analysis period/Base period) x 100%. Plugging in the numbers, we get: (560/100) x 100% = 560%. Therefore, the statement is false.

If a Company Has Sales of $100 in 2012 (The