The percentage change from year to year is calculated by dividing the dollar amount of the change from the earlier period to the later period by:
A) the earlier-period amount and multiply by 100
B) the later-period amount and multiply by 100
C) the average of the amounts shown for the earlier and the later periods
D) 100

Question

Quizplus · Accepted Answer

To calculate percentage change, we divide the dollar amount of change from the earlier period to the later period by the earlier-period amount and multiply by 100. This gives us the percentage change relative to the earlier period.

The Percentage Change from Year to Year Is Calculated by Dividing