This is a word problem

Question

A company has recently been hiring new employees. Today the company has 26% more employees than it did a year ago. If there are currently 56,700 employees, how many employees did the company have a year ago?

Answer 1

E + 26% = 56.7 K

E(1.26) = 56.7

E = 56.7/1.26 = 45K = 45,000 employees last year

26% of 45,000 = .26(45,000) = 11.700

45,000+11,700 = 56,700