Answered

Welcome to Westonci.ca, where finding answers to your questions is made simple by our community of experts. Connect with a community of experts ready to provide precise solutions to your questions quickly and accurately. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

On August 11, Snippet Incorporated closed at $12,311 per share. One year earlier, one share closed at $14,298. What was an approximate 1-year percent change?

Sagot :

abiolataiwo2015

The approximate 1-year percent change is 16.14%.

Percent change

Using this formula

Percent change=One year earlier closed amount-Closed amount/ Closed amount×100

Let plug in the formula

Percent change= $14,298-$12,311 /$12,311 ×100

Percent change=$1,987/$12,311 ×100

Percent change=16.14%

Inconclusion the approximate 1-year percent change is 16.14%.

Learn more about percent change here:https://brainly.com/question/11360390

Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We hope this was helpful. Please come back whenever you need more information or answers to your queries. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.