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How Is the Percentage Change (For Horizontal Analysis)for Sales from 2016

question 23

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How is the percentage change (for horizontal analysis) for sales from 2016 to 2017 computed?


Definitions:

Percent Differences

A measure representing the difference between two values as a percentage of one of the values.

Net Income

Net Income is the total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue, indicating the company's actual profitability.

Net Sales

The total revenue from sales minus returns, allowances, and discounts.

Owners' Equity

The amount of the business that belongs to the owners after all debts and liabilities have been subtracted from total assets.

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