Dating bases wikipedia

12 Jan

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If company A grows sales from 0,000 to 0,000, it means the company increased sales by 40%, where 0,000 represents the base year value.

Companies are always looking for ways to increase sales.

A base year in an index is normally set to an arbitrary level of 100.

New, up-to-date base years are periodically introduced to keep data current in a particular index.

As a result, analysts like to know more than just sales; they want to know how much sales grew on a same-store sales basis.

A base year is the year used for comparison in the measure of a business activity or economic index.

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A base year is the first of a series of years in an economic or financial index.

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