How do you calculate sales growth?
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Studied at the University of Buenos Aires, Lives in Buenos Aires, Argentina.
Subtracting the prior period from the current one ($466 - 444) results in a $22 million difference. You then divide this difference by prior period net sales ($22 / 444), which equals approximately .05. To express this as a percent, multiply the result by 100 to arrive at a 5 percent sales growth for Wal-mart.
2023-05-16 15:01:17
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Ethan Henderson
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Subtracting the prior period from the current one ($466 - 444) results in a $22 million difference. You then divide this difference by prior period net sales ($22 / 444), which equals approximately .05. To express this as a percent, multiply the result by 100 to arrive at a 5 percent sales growth for Wal-mart.