Question: 4 Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $636,734 $ 424,489

4 Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $636,734 $ 424,489 $ 331,632 $ 235,200 $ 168,000 314,500 209,650 165,550 116,398 82,320 30,754 24,833 22,717 13,759 11,458 Compute trend percents for the above accounts, using 2015 as the base year. Book Choose Numerator: Trend Percent for Net Sales: Choose Denominator: Hint Trend percent 1 2019: 2018: % ge Print % 2017: % 2016: erences % Choose Numerator: Trend Percent for Cost of Goods Sold: 1 Choose Denominator: Trend percent 1 2019: 2018: 2017: 2016: % % / 1 % % Choose Numerator: Trend Percent for Accounts Receivables: 1 Choose Denominator: Trend percent % 2019: 2018: 2017: 2016: % % / %

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