nick-mackin’: How do I calculate selling and administrative expenses growth?
The question asks me to calculate the selling and administrative expenses growth of the company Clorox from 2009 to 2010. But I just want to know how I would go about calculating the growth.
Your assistance is much appreciated.
Answers and Views:
Answer by Don G
If 2009 Expense was 10,000 and 2010 was 12,000, Divide 12,000 by 10,000 to get 1.2, then subtract 1 for a growth of .20, or 20%.
Or divide the increased amount (2,000) by the base year (10,000) to get .20, or 20%
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