Sales Cost of goods sold Accounts receivable 2021 $ 485,328 254,821 23,393 2020 $ 315,148 165,477...

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Sales Cost of goods sold Accounts receivable 2021 $ 485,328 254,821 23,393 2020 $ 315,148 165,477 18,468 2019 $ 252,118 134,251 17,220 2018 $ 175,692 92,710 10,243 2017 $ 133,100 69,212 9,131 Compute trend percents for the above accounts, using 2017 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favorable or unfavorable. Trend Percent for Net Sales: Numerator: Denominator: Trend percent 2021: % 2020: 2019: 2018: % 2017: Is the trend percent for Net Sales favorable or unfavorable? Trend Percent for Cost of Goods Sold: Numerator: Denominator: Trend percent 2021: 2020: 2019: 2018: 2017: Is the trend percent for Cost of Goods Sold favorable or unfavorable? Trend Percent for Accounts Receivable: taheducaton cem n1Canect GCmte Tet Per Fer Te swork 10 2017 eend perenttor ht Sales toraoruntavore TentPenttcCestatGoods et Numt Deinater Trend pern 2001 2020 2017 she end petant t Ctof Goode So avorbie or untaver JPantAurt Recivatte Numerator Denenia Tpet 201 nd percent Au c unte Pre Q R T. Y F G H. K C V Bi M. tion command w/ Sales Cost of goods sold Accounts receivable 2021 $ 485,328 254,821 23,393 2020 $ 315,148 165,477 18,468 2019 $ 252,118 134,251 17,220 2018 $ 175,692 92,710 10,243 2017 $ 133,100 69,212 9,131 Compute trend percents for the above accounts, using 2017 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favorable or unfavorable. Trend Percent for Net Sales: Numerator: Denominator: Trend percent 2021: % 2020: 2019: 2018: % 2017: Is the trend percent for Net Sales favorable or unfavorable? Trend Percent for Cost of Goods Sold: Numerator: Denominator: Trend percent 2021: 2020: 2019: 2018: 2017: Is the trend percent for Cost of Goods Sold favorable or unfavorable? Trend Percent for Accounts Receivable: taheducaton cem n1Canect GCmte Tet Per Fer Te swork 10 2017 eend perenttor ht Sales toraoruntavore TentPenttcCestatGoods et Numt Deinater Trend pern 2001 2020 2017 she end petant t Ctof Goode So avorbie or untaver JPantAurt Recivatte Numerator Denenia Tpet 201 nd percent Au c unte Pre Q R T. Y F G H. K C V Bi M. tion command w/ Sales Cost of goods sold Accounts receivable 2021 $ 485,328 254,821 23,393 2020 $ 315,148 165,477 18,468 2019 $ 252,118 134,251 17,220 2018 $ 175,692 92,710 10,243 2017 $ 133,100 69,212 9,131 Compute trend percents for the above accounts, using 2017 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favorable or unfavorable. Trend Percent for Net Sales: Numerator: Denominator: Trend percent 2021: % 2020: 2019: 2018: % 2017: Is the trend percent for Net Sales favorable or unfavorable? Trend Percent for Cost of Goods Sold: Numerator: Denominator: Trend percent 2021: 2020: 2019: 2018: 2017: Is the trend percent for Cost of Goods Sold favorable or unfavorable? Trend Percent for Accounts Receivable: taheducaton cem n1Canect GCmte Tet Per Fer Te swork 10 2017 eend perenttor ht Sales toraoruntavore TentPenttcCestatGoods et Numt Deinater Trend pern 2001 2020 2017 she end petant t Ctof Goode So avorbie or untaver JPantAurt Recivatte Numerator Denenia Tpet 201 nd percent Au c unte Pre Q R T. Y F G H. K C V Bi M. tion command w/ Sales Cost of goods sold Accounts receivable 2021 $ 485,328 254,821 23,393 2020 $ 315,148 165,477 18,468 2019 $ 252,118 134,251 17,220 2018 $ 175,692 92,710 10,243 2017 $ 133,100 69,212 9,131 Compute trend percents for the above accounts, using 2017 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favorable or unfavorable. Trend Percent for Net Sales: Numerator: Denominator: Trend percent 2021: % 2020: 2019: 2018: % 2017: Is the trend percent for Net Sales favorable or unfavorable? Trend Percent for Cost of Goods Sold: Numerator: Denominator: Trend percent 2021: 2020: 2019: 2018: 2017: Is the trend percent for Cost of Goods Sold favorable or unfavorable? Trend Percent for Accounts Receivable: taheducaton cem n1Canect GCmte Tet Per Fer Te swork 10 2017 eend perenttor ht Sales toraoruntavore TentPenttcCestatGoods et Numt Deinater Trend pern 2001 2020 2017 she end petant t Ctof Goode So avorbie or untaver JPantAurt Recivatte Numerator Denenia Tpet 201 nd percent Au c unte Pre Q R T. Y F G H. K C V Bi M. tion command w/

Answer rating: 100% (QA)

Solution Trend Percent for Net Sales Choose Numerator Choose Denominator Analysis Period Net sales B... View the full answer