What was the percent change from year 1 to year 2 in the


Slave Lake Mining sold 34,000 oz. of gold in Year 1 at an average price of $1160 per oz. As a result of a strike, production was down in Year 2 to 23,750 oz. but the average price per ounce rose to $1280. What was the percent change from Year 1 to Year 2 in the revenue from the sale of the gold? Is this a gain or loss?

Solution Preview :

Prepared by a verified Expert
Business Management: What was the percent change from year 1 to year 2 in the
Reference No:- TGS01562649

Now Priced at $20 (50% Discount)

Recommended (97%)

Rated (4.9/5)