Compute trend percents for the following accounts, using 2011 as the base year (round the percents to

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Compute trend percents for the following accounts, using 2011 as the base year (round the percents to whole numbers). State whether the situation as revealed by the trends appears to be favorable or unfavorable for each account.

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Fundamental Accounting Principles

ISBN: 978-0077862275

22nd edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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Question Posted: Apr 23, 2015 03:10 AM

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Compute trend percents for the following accounts, using 2011 as the base year (round the percents to

Question:

2013 $282,880 $270,800 $252,600 $234,560 $150,000 18,100 7,300 6,400 15,200 9,000 2015 2014 2012 2011 Sales Cost of goods sold Accounts receivable.

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2015 2014 2013 2012 2011 Sales 189 181 168 156 100 Cost of goods sold 19...View the full answer

Fundamental Accounting Principles

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