If a company went from a net income of $(103,000) in 2005 to a net income of $111,000 in 2006.....
What is the percent change from 2005 to 2006?
Shouldnt the percent change be positive?
2007-04-24 08:55:49 · 6 answers · asked by beech2009 2 in Business & Finance ➔ Other - Business & Finance
7.2%
2007-04-24 09:01:00 · answer #1 · answered by mark 7 · 0⤊ 2⤋
100 X (111,000 - 103,000) / 103,000 = 7.77 percent.
In this case, the percentage change is +ve.
2007-04-24 16:07:28 · answer #2 · answered by Swamy 7 · 0⤊ 1⤋
192%
2007-04-24 16:01:19 · answer #3 · answered by Anonymous · 0⤊ 2⤋
207.769903% change.
Good luck with whatever you are doing.
-Adam P.
2007-04-24 16:05:18 · answer #4 · answered by Adam P 2 · 0⤊ 1⤋
7.76699 % is the correct answer
2007-04-24 21:21:08 · answer #5 · answered by Dan R 1 · 0⤊ 0⤋
Ya, +203.6% or something close. I know it's 203.% just don't know .what.
2007-04-24 16:02:28 · answer #6 · answered by Tim 6 · 0⤊ 2⤋