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Hello I need to determine what the percentage increase in sales is YTY from 2013 to 2014 . I am not sure if I am dividing the correct numbers.
Hello I need to determine what the percentage increase in sales is YTY from 2013 to 2014 . I am not sure if I am dividing the correct numbers. I took total revenue in 2012 for a business minus total revenue in 2013 for the same business and found the total $ increase in sales from 2012 to 2013. Then I took the $ increase in sales from 2012 to 2013 and divided it by the total revenue in 2014 for that same business to come up with the percentage increase in sales from 2013 to 2014. Did I use the correct numbers to find my percentage increase in sales YTY?
Solution: In order to find the percentage increase in sales from year 2013 to 2014, we first findthe total revenues for the years 2013 and 2014.Then we find the increase in revenue from year 2013...