Respuesta :
The percentage change Lyndale, Inc.'s with the given sales is 42.5%
How do you calculate sales growth in percentage?
Revenue change during a predetermined time period is gauged by sales growth. A business's positive or negative rate of growth can be seen by comparing its revenue between two fiscal quarters. A stock's price change over time, stated as a percentage, is a common application of percentage change in finance. To determine it, deduct the current period's net sales from the prior period's net sales. Then subtract the outcome from the prior period's net sales. The percent increase in sales is obtained by multiplying the result by 100.
Given:
Sales of current year = $513,000
Sales of previous year = $360,000
So percentage change is
=[($513,000 − $360,000) ÷ $360,000] × 100 = 42.5%
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