Under which of the following cases may a percentage change be computed?
The trend of the balances is decreasing but all balances are positive.
There is no balance in the base year.
There is a negative balance in the base year and a positive balance in the subsequent year.
There is a positive balance in the base year and a negative balance in the subsequent year.
1
Expert's answer
2011-12-20T09:46:51-0500
Under which of the following cases may a percentage change be computed: The trend of the balances is decreasing but all balances are positive. Because percentages are used to express how large/small one quantity is, relative to another quantity. The first quantity usually represents a part of, or a change in, the second quantity, which should be greater than zero.
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