Question

A company earned a profit of 880,000 last year and 970,000 this

Answer 1

Answer:

-9.28%

Step-by-step explanation:

Subtract the prior accounting period's profit from the current accounting period's profit. The result gives you the numerical change in profit.

970000-880000= 90000

90000 in percentage = -9.28%

Answer 2

Answer:

-9.28%

Step-by-step explanation:

Subtract the prior accounting period's profit from the current accounting period's profit. The result gives you the numerical change in profit.

970000-880000= 90000

90000 in percentage = -9.28