A company's sales are $285,000 and $200,000 during the current and prior years,respectively.The percentage change is:
A) 42.5%.
B) 70%.
C) 29.8%.
D) 130%.

Name: A company's sales are $285,000 and $200,000 during the current and prior years,respectively.The percentage change is: A) 42.5%. B) 70%. C) 29.8%. D) 130%.
Brand: Quizplus
Rating: 4.7 (35 reviews)

Question

Quizplus · Accepted Answer

The percentage change is calculated as ((Current Year Sales - Prior Year Sales) / Prior Year Sales) * 100 = (($285,000 - $200,000) / $200,000) * 100 = 42.5%.

A Company's Sales Are $285,000 and $200,000 During the Current