1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rashid [163]
3 years ago
12

To calculate a year-to-year percentage change in any financial statement line item such as sales, you should take the current ye

ar's amount, subtract the prior year's amount, then divide by ______, and finally multiply the result by 100.
Business
1 answer:
Makovka662 [10]3 years ago
7 0

Answer:

the prior year's amount

Explanation:

In financial statements when measuring performance increase the percentage change in various financial statement lines are usually used.

Financial statement lines are individual items on financial statements. For example current assets, current liabilities, and sales.

The percentage change aims to compare increase in a financial statement line item against the previous year's amount.

This will give an idea of how much increase has occurred on previous performance.

So it is calculated by deducting previous year amount from current year amount, then divide by the previous year amount and multiply by 100

You might be interested in
Delivery trucks enter and leave a depot through a controlled gate. At the depot, each truck is loaded with packages, which will
Andrews [41]

The question that cannot be answered based on the information in the delivery truck data base is 2) What is the average number of customer deliveries made by each truck on a particular day?

<h3>Why can this question not be answered?</h3>

In order to answer this question, the number of customers that each truck delivered to during the day needs to be recorded.

The total number of deliveries will then be added up and divided by the number of trucks making deliveries.

The information on the number of deliveries made is not in the database so this question cannot be answered.

In conclusion, option 2 is correct.

Find out more on databases at brainly.com/question/518894.

5 0
2 years ago
What is a written plan of action, developed prior to executing a mission, which will improve your chances of successful evasion
olga nikolaevna [1]

Answer:

The correct answer is "Evasion plan of action"

Explanation:

The evasion plan of action (Epa) is used to predict the chances of succesful situations, actions and movements of the opposition. If you know it, you could generate an advantage.

5 0
3 years ago
Read 2 more answers
Assume Gillette Corporation will pay an annual dividend of 0.61 one year from now. Analysts expect this dividend to grow at 11.5
SashulF [63]

Answer:

I'm so sorry but I do not know the answer to these kind of a question : )

8 0
1 year ago
If a portfolio had a return of 11 the risk-free asset return was 6, and the standard deviation of the portfolios excess returns
Sindrei [870]

The premium would be 5%

If a portfolio had a return of 11 the risk-free asset return was 6, and the standard deviation of the portfolios excess returns was 25 the premium would be 5%

Portfolio return = 11%

Risk free rate = 6%

Risk premium = Portfolio return - Risk free rate

                         = 11% - 6% =5%

So, the premium would be 5%

Premium is an amount paid periodically to the insurer by means of the insured for overlaying his chance.

Learn more about premium here- https://economictimes.indiatimes.com/definition/premium

#SPJ4

4 0
1 year ago
Russell spends an hour studying instead of playing basketball. Russell’s willingness to study is due to the fact that he... Your
love history [14]

Answer:

c. feels the marginal benefit of an extra hour of studying exceeds the marginal cost of not playing basketball.

Explanation:

Russel made a choice to study for an hour instead of playing basketball. When making choices people weigh the benefits of an action against its opportunity cost.

Opportunity cost is the forgone alternative when we choose to do something.

In this instance Russell chose to study and the opportunity cost was to enjoy playing a basketball game.

For him to choose to study it means he saw the benefit of reading to be greater than the marginal cost of playing basketball. So he chose the most beneficial activity for him.

4 0
3 years ago
Read 2 more answers
Other questions:
  • Oscar's Red Carpet Store maintains a checking account with Academy Bank. Oscar's sells carpet each day but makes bank deposits o
    15·1 answer
  • In order for the United States to have a treaty with a foreign country the
    9·2 answers
  • Which was not a response taken during the hoover administration in an attempt to turn the economy around?
    10·1 answer
  • Employees expect their managers to practive management by, ___.
    15·1 answer
  • FARO Technologies, whose products include portable 3 D measurement equipment, recently had 17 million shares outstanding trading
    15·1 answer
  • Stutz Department Store will buy 10 pairs of sunglasses if the price is $93 per pair and 30 pairs if the price is $43. The suppli
    10·1 answer
  • Assume there is an increase in the number of consumers in the market for a good sold by perfectly competitive firms that are ini
    6·1 answer
  • Love It Industries manufactures​ custom-designed playground equipment for schools and city parks. Love It expected to incur $ 78
    6·1 answer
  • Bonus Question: Assume the market value of Fords' equity, preferred stock and debt are $7 billion, $4 billion and $10 billion re
    14·1 answer
  • Byron Corp is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annua
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!