Tahmid H.

asked • 12d

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 • 12d

Math and Accounting Tutor

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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12d

Ashley H.

tutor
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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12d

Ashley H.

tutor
Also note that A and D went down making them positive changes and ranked higher than negative ones.
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12d

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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12d

Ashley H.

tutor
Yes you got it right.
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11d

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