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Becker Tools Sold 32,400 Hammers at an Average Price of $15.10

Question 210

Short Answer

Becker Tools sold 32,400 hammers at an average price of $15.10 in Year 1 and 27,450 hammers at an average price of $15.50 in Year 2. What was the percent change from Year 1 to Year 2 in:
a. The number of hammers sold?
b. The average selling price?
c. The revenue from the sale of hammers?

Correct Answer:

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a) -15.28%...

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