Question

Find the percent of increase or decrease.  Round your answer to the nearest percent.

 

Original Amount  $6.50                New Amount $11.50    Percent of Change    %

Answer 1

start=6.5, end=11.5

delta=11.5-6.5=5

% up=100*delta/start

=100*5/6.5

=+76.923%

Answer 2

original amount 820, new amount 1159, percentage increase?

Answer 3

Vertical analysis (common-size) percentages for Vallejo Company’s sales, cost of goods sold, and expenses are listed here.

 

Vertical Analysis		2012			2011			2010
Sales		100	%		100	%		100	%
Cost of goods sold		61.2			63.2			65.9
Expenses		24.0			26.0			28.6

Did Vallejo’s net income as a percent of sales increase, decrease, or remain unchanged over the 3-year period? Provide numerical support for your answer.