For example 108,331 in 2005 to 153,506 in 2006. I know I should know how but Im bad at math. I would appreciate youre help.
2007-04-03 07:45:37 · 4 answers · asked by Rogelio C 1 in Business & Finance ➔ Investing
(153506-108331)/108331=41.70% increase in earnings. marvinat has it backwards it is second year earnings subtract first year earnings divided by first years earnings.
2007-04-03 07:50:30 · answer #1 · answered by amazed 3 · 2⤊ 0⤋
First year earnings subtracted from second years' earnings divided by FIRST years' earnings will give a percent increase.
(153,506.00 - 108,331.00)/108,331.00 = 41.70 % increase
2007-04-03 14:54:35 · answer #2 · answered by Marvinator 7 · 1⤊ 1⤋
Alternatively:
(second year earnings/first year earnings) - 1
(153,506/108,331)-1 = 0.41700
=41.7%
2007-04-03 15:39:54 · answer #3 · answered by BosCFA 5 · 0⤊ 0⤋
that is a gianormous raise...good job!
and the guy above me is right :-)
2007-04-03 14:52:26 · answer #4 · answered by CBJ 4 · 0⤊ 0⤋