Q7. To calculate a year-to-year percentage change in any financial statement line item...
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Accounting
Q7.
To calculate a year-to-year percentage change in any financial statement line item such as sales, you should take the current year's amount, subtract the prior year's amount, then divide by ______, and finally multiply the result by 100.
Multiple Choice
net income
total assets
the current year's amount
the prior year's amount
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