If sales for 2010 and 2009 were $680,000 and $625,000,respectively,then the percentage change shown in a horizontal analysis would be:
A)8.8%
B)8.1%
C)(8.1%)D)(8.8%)

Name: If sales for 2010 and 2009 were $680,000 and $625,000,respectively,then the percentage change shown in a horizontal analysis would be: A)8.8% B)8.1% C)(8.1%)D)(8.8%)
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Question

Quizplus · Accepted Answer

The percentage change in sales from 2009 to 2010 is calculated as: $\frac{680,000 - 625,000}{625,000} \times 100 = \frac{55,000}{625,000} \times 100 = 8.8\%$.

If Sales for 2010 and 2009 Were $680,000 and $625,000,respectively,then