Compute index-number trend percents for the following accounts, using Year 1 as the base year. State whether

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Compute index-number trend percents for the following accounts, using Year 1 as the base year. State whether the situation as revealed by the trends appears to be favorable orunfavorable.

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Financial Statement Analysis

ISBN: 978-0078110962

11th edition

Authors: K. R. Subramanyam, John Wild

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Question Posted: Jan 22, 2015 10:16 AM

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Compute index-number trend percents for the following accounts, using Year 1 as the base year. State whether

Question:

Year 5 Yer Year 3 Yer 2 Year 1 $283,880 $271,800 $253,680 $235,560 $151,000 Sales Cost of goods sold....129,200 123,080 6,280 107,440 Accounts receivable1 19,10018,300 17,400 16,200 10,000

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Year 5 Year 4 Year 3 Year 2 Year 1 Sales 188 180 168 156 100 Cost of g...View the full answer

Financial Statement Analysis

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