Ask Experts Questions for FREE Help !
Ask
    Gaited's Avatar
    Gaited Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Aug 6, 2008, 09:06 AM
    Percentage sales May over December
    In May my Gross Sales were $26,148
    In Dec my Gross Sales were $18,775

    By what percentage did my May sales exceed my Dec sales?
    jakester's Avatar
    jakester Posts: 582, Reputation: 165
    Senior Member
    		  
    #2

    Aug 6, 2008, 11:07 AM
    gaited - pretty straightforward... almost too easy, really.

    To calculate percent change (or by what percent did May sales exceed Dec sales) put May sales in the numerator and Dec Sales in the denominator, then subtract by 1:

    $26,148 / $18,775 -1 = .39 or 39%.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Gross profit as Percentage of sales [ 2 Answers ]

What is the formula for Gross profit as percentage of sales

Percentage of COGS over specific Sales Item [ 1 Answers ]

How do I determine the percentage of Sale associated to a specific COGS item?

Gross profit as percentage of sales [ 1 Answers ]

I am not sure I did this right, I got C. as the answer. COGS/AVG. Inv =Inventory turnover so I came up with 1500000/300000=5 times and Sales/gross profit is the ratio so 3750000/15000000=40% Theel Company had a balance in the Merchandise inventory account of $260,000 at the beginning of the...

High Pressure Sales with Private Sales Clubs [ 4 Answers ]

To Whom: Is it legal in the state of Rhode Island/Connecticut for a private sales club (Direct Buy) to force a prospective member to join immediately after a forced one hour sales pitch? Direct Buy instructs their prospective customers that if they don't apply for membership immediately they...

View more questions Search