Answered

Discover a wealth of knowledge at Westonci.ca, where experts provide answers to your most pressing questions. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields. Get quick and reliable solutions to your questions from a community of experienced experts on our 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 choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.