Compute trend percents for the following accounts, using 2007 as the base year. State whether the situation

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Compute trend percents for the following accounts, using 2007 as the base year. State whether the situation as revealed by the trends appears to be favorable or unfavorable for eachaccount.

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Managerial Accounting

ISBN: 978-0073379586

2010 Edition

Authors: John J. Wild, Ken W. Shaw

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Question Posted: May 17, 2012 05:31 AM

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Compute trend percents for the following accounts, using 2007 as the base year. State whether the situation

Question:

2011 2010 2009 2008 2007 Cost of goods sold .. 28,100 21,980 115,180 06,340 67,000 Accounts recelvable 18,000 7,200 6,300 15,100 9,000

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2011 2010 2009 2008 2007 Sales 188 180 168 156 100 Cost of goods sold ...View the full answer

Managerial Accounting

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