Tahmid H.

asked • 01/09/20

Change in operating expenses from year 1 to year 2

Question: Rank in order from highest (1) to lowest (5) in terms of the change in operating expenses

Key: m = million

operating expenses:

A - year1=12.8m & year2=9.9m

B - year1=25.1m & year2=46.4m

C - year1=32.8m & year2=35.6m

D - year1=50.6m & year2=48.8m

E - year1=33.9m & year2=53m



Now I do not know whether I work out the percentage change from year 1 to year 2 then rank it or just the difference in the figure change from year 1 to year 2

would really appreciate someone's help. Thanks.

1 Expert Answer

By:

Ashley H. answered • 01/09/20

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I wouldn't use percentages. Just ranks. Percentages could be used after as a proof, but I don't think they're asking for that.

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Tahmid H.

Thank you for your response, very much appreciated! In terms of ranking it, the highest is obviously the biggest change. for example the difference in A from year 1 to year 2 is minus 2.9m and for D the difference from year 1 to year 2 is minus 1.8m, now out of these am I right in saying that D is ranked below A?
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01/09/20

Ashley H.

Yes that's right. E should be ranked lower than B and D too. Put them in order of biggest change to smallest change. (See additional comment)
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01/09/20

Ashley H.

Also note that A and D went down making them positive changes and ranked higher than negative ones.
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01/09/20

Tahmid H.

So it should be ranked 1) A 2) D 3) C 4) E 5) B Would you say that's the correct order?
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01/09/20

Ashley H.

Yes you got it right.
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01/10/20

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