Compare the sales of last 5 years of a company.
Answers
?? What is this?? But thanks for free points
Answer:
Do you know how your business is performing this year compared to last? No? Calculate year-over-year growth to find out.
Having the 411 on your business’s financial health puts you in a better position for decision making. Read on to learn what is year-over-year growth, why it matters, and how to calculate it (complete with easy-to-follow examples).
What is year-over-year growth?
Year-over-year (YOY) is the comparison of one period with the same period from the previous year(s). YOY growth compares how much you’ve grown in the recent period compared to the past period(s). The period is typically a month or quarter (e.g., fourth quarter of 2020 compared to fourth quarter of 2019).
Year-over-year measures your business’s performance—in any area you can measure. You can find your YOY growth