1.Determine the year-to-year percentage annual growth in total net sales

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how to determine

Feb 22nd, 2015

To calculate percentage growth do the following three-step calculation.

Let's say your sales this year were $1 million. Last year, your sales were $750,000.

First, subtract last year's sales from this year's sales.
So, $1 million - 750,000 = 250,000

Then, divide the answer by last year's sales.
So 250,000/750,000 = .33

To express this as a percentage, multiply the decimal by 100
So .33 x 100 = 33

Your year-to-year percentage annual growth is 33%.

Let's recap:

(Current Sales - Previous Sales) / Previous Sales x 100 = Percentage Growth


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Feb 22nd, 2015

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