A company made 34,000.00 in 2007.
This company made 32,500.00 in 2008.
What is the percentage of the difference.
The difference is 1,500.00
Is the difference 44.3 %?
34,000.00
32,500.00
_________
66,500.00
The difference is -1500. (Earnings went down)
The fractional change in earnings was -1500/34,000
That is not 44.3%