Lyndale,Inc.'s sales are $513,000 and $360,000 during the current and prior years,respectively.The percentage change is:
A)42.5%.
B)70%.
C)29.8%.
D)130%.

Name: Lyndale,Inc.'s sales are $513,000 and $360,000 during the current and prior years,respectively.The percentage change is: A)42.5%. B)70%. C)29.8%. D)130%.
Brand: Quizplus
Rating: 4.8 (35 reviews)

Question

Quizplus · Accepted Answer

Year-to-year change (%)= [(Current year's total − Prior year's total)÷ Prior year's total] × 100
= [($513,000 − $360,000)÷ $360,000] × 100 = 42.5%