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A company has net sales revenue of $250000 in 1 reporting. And 280000 in the next. Using horizontal analysis it has experienced an increase of what percentage? A.48%B38% C 12% D 24 %

A Company Has Net Sales Revenue Of 250000 In 1 Reporting And 280000 In The Next Using Horizontal Analysis It Has Experienced An Increase Of What Percentage A48B class=

Sagot :

Answer: A company's revenue has gone from $250,000 to $280,000 we have to find the percentage increase of the revenue:

[tex]\begin{gathered} P=\frac{\Delta R}{R_1}=\frac{(R_2-R_1)}{R_1} \\ \\ P=\frac{(\$280,000-\$250,000)}{(\$250,000)}=\frac{\$30,000}{\$250,000}=0.12 \\ \\ P=0.12 \\ \\ \therefore\Rightarrow \\ \\ P=12\% \end{gathered}[/tex]

Therefore the answer is:

[tex]\text{ Option\lparen C\rparen}[/tex]

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