contestada

A company has net sales revenue of $175000 reporting period and $148000 in the next. using horizontal analysis, it has experienced a decrease of what percentage?A. 15%B. 18%C. 8%D. 12%

A company has net sales revenue of 175000 reporting period and 148000 in the next using horizontal analysis it has experienced a decrease of what percentageA 15 class=

Respuesta :

ANSWER:

A. 15%

STEP-BY-STEP EXPLANATION:

We can determine the percentage using the following formula:

[tex]\begin{gathered} r=\frac{\text{ fiinal value - initial value}}{\text{ initial value}}\cdot100 \\ \\ \text{ we replacing} \\ \\ r=\frac{148000-175000}{175000}\cdot100 \\ \\ r=-15.42\%=15\% \end{gathered}[/tex]

Therefore, the correct answer is A. 15%

Otras preguntas