Cheryl A.

asked • 03/07/19

Explain negative percent on negative to positive sales

Hi I have a question about how do I explain a negative percent for sales that is positive compared to negative sales the prior year? Last sales was a -$1,296.00 and this year sales is $356.00 but when doing this formula of =(this year - last year)/last year the result is a negative percent. How do I explain the formula is correct although the sales is an increase?

Patrick B.

The OFFICIAL formula is (new # - old #) / | old # |
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06/12/20

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