Sales Cost of goods sold Accounts receivable 2021 $506,816 2820 S387,543 2019 $305,152 386,876 20,065 199,347...

 

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Sales Cost of goods sold Accounts receivable 2021 $506,816 2820 S387,543 2019 $305,152 386,876 20,065 199,347 22,633 158,778 20,093 2018 $286,184 186,554 12,062 2017 $156,200 70,662 18,700 Compute trend percents for the above accounts, using 2017 as the base year. For each of the three accounts, situation as revealed by the trend percents appears to be favorable or unfavorable. Trend Percent for Net Sales Numerator: Denominator Analysis period accounts receivable Analysis period cost of goods sold Trend percent 2021 2020 2019 2018 2017 is the end percent for Not Sales favorable or unfavorable? 2021 2020 2019 2018 2017 Trend Percent for of Goods Sold merator Is the end percent for Coat of Goods Sold favorable 2021 2020 2019 2018 2017 is the Trend percent Trend Percent for Accounts Receivable Numerator: Denominator Trend percent Sales Cost of goods sold Accounts receivable 2021 $506,816 2820 S387,543 2019 $305,152 386,876 20,065 199,347 22,633 158,778 20,093 2018 $286,184 186,554 12,062 2017 $156,200 70,662 18,700 Compute trend percents for the above accounts, using 2017 as the base year. For each of the three accounts, situation as revealed by the trend percents appears to be favorable or unfavorable. Trend Percent for Net Sales Numerator: Denominator Analysis period accounts receivable Analysis period cost of goods sold Trend percent 2021 2020 2019 2018 2017 is the end percent for Not Sales favorable or unfavorable? 2021 2020 2019 2018 2017 Trend Percent for of Goods Sold merator Is the end percent for Coat of Goods Sold favorable 2021 2020 2019 2018 2017 is the Trend percent Trend Percent for Accounts Receivable Numerator: Denominator Trend percent

Answer rating: 100% (QA)

To compute the trend percents for the given accounts using 2017 as the base year follow these steps 1 Trend Percent for Net Sales Denominator 2017 Net ... View the full answer