If a company has sales of $100 in 2015 (the base period) and $560 in 2016 (the analysis period), the percentage of the base period is 460%.

Question

Quizplus · Accepted Answer

The percentage of the base period can be found using the formula: ((analysis period - base period) / base period) * 100. Plugging in the values, we get ((560-100) / 100) * 100 = 460%. However, this is the percentage increase from the base period to the analysis period, not the percentage of the base period. Therefore, the answer is false.

If a Company Has Sales of $100 in 2015 (The