Using 2012 as the base year, prepare a trend analysis for the data that follow, and tell
Question:
Using 2012 as the base year, prepare a trend analysis for the data that follow, and tell whether the results suggest a favorable or unfavorable trend. (Round to one decimal place.)
______________ _______________ _2014 2013 2012
Net sales…………………………. $316,000……..$272,000…….$224,000
Accounts receivable (net)…………...86,000……….. 64,000……… 42,000
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Related Book For
Principles of Financial Accounting
ISBN: 978-1133939283
12th edition
Authors: Belverd E. Needles, Marian Powers
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