Find what is the percentage change in sales

Assignment Help Accounting Basics
Reference no: EM132580565

Blackburn Company provided the following historical financial data:

Year            Sales

2017          $112,000

2016          $131,000

2015           $109,000

Question 1: If 2015 is the base year, what is the percentage change in sales from 2015 to 2017?

Option 1: 2.75%

Option 2: 20.18%

Option 3: -16.79%

Option 4: 102.75%

Reference no: EM132580565

Questions Cloud

Compute the current ratio for sylvester company : Compute the current ratio for 2017. Sylvester Company provided the following financial information: Total current assets, Total assets
Effective way of making regular contact : What should you do when using the telephone to make contact? What should you not do?
Professional networking associations : What services do professional networking associations provide?
Who is responsible for preparing cost estimation : Who is responsible for preparing cost estimation?
Find what is the percentage change in sales : If 2015 is the base year, what is the percentage change in sales from 2015 to 2017?Blackburn Company provided the following historical financial data.
Operating profit margin-gross profit margin : Which do you think is most important: Net Profit Margin, Operating Profit Margin, or Gross Profit Margin?
Apply the core principles or features of the theory : In this section you need to apply the core principles or features of the theory you discussed in Part I to the applied ethics issue that you have chosen
Calculate beer corporation price earnings ratio : Selling for $77 per share on the New York Stock Exchange. Calculate Beer Corporation's price earnings ratio. Round answer to one decimal place
Why it is important to include a communication plan : Communication plan. Why it is important to include a communication plan?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd