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How is the year-to-year percentage change determined? Select all that apply.
- current year's total / prior year's total
- (current year's total - prior year's total) / prior year's total
- (current year's total - prior year's total) / current year's total
- (prior year's total - current year's total) / prior year's total


Sagot :

The year-to-year percentage change is determined by : (current year's total - prior year's total) / prior year's total.

Steps to calculate year to year percentage change

1. Take your current month’s growth number and substract from the prior year total. If the difference is positive, your organization is expected to experience growth, if it’s negative, that indicate loss.

2. Next, take the difference and divide it by prior year’s total number. It will give you the growth rate for your 12 month period.

3. Multiply the same by 100 to convert this growth rate into percentage rate.

So, (current year's total - prior year's total) / prior year's total is the formulae to find year to year percentage change.

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