Complete the following using the information from the Study Questions and Problems at the end of Chapter 2, on pages 81 - 83 as indicated below:

Question 2.13- Using the information provided in the problem on page 81, calculate/answer the following:

a. Percentage change in net sales from 2012 to 2013

b. Percentage change in accounts receivable, net of allowance for doubtful accounts, from 2012 to 2013.

c. Percentage change in allowance for doubtful accounts from 2012 to 2013.

d. Answer the multiple choice question regarding the analysis of the information derived in parts a - c.

e. Allowance account as a percentage of accounts receivable for 2012.

f. Allowance account as a percentage of accounts receivable for 2013.

g. Answer the multiple-choice question for the answers derived in parts e and f.

Question 2.14. Using the information provided in the problem on page 82, calculate/answer the following questions:

a. Compute the inventory balance at the end of the accounting period using average cost.

b. Compute the cost of goods sold at the end of the accounting period using average cost.

c. Compute the inventory balance at the end of the accounting period using FIFO.

d. Compute the cost of goods sold at the end of the accounting period using FIFO.

e. Compute the inventory balance at the end of the accounting period using LIFO.

f. Compute the cost of goods sold at the end of the accounting period using LIFO.

g. Answer the multiple-choice question of which method produced the highest ending inventory

h. Answer the multiple-choice question of which method produced the highest cost of goods sold.

Question 2.17. Using the information provided in the problem on page 83, calculate/answer the following questions:

a. Calculate the depreciation expense using the straight-line method for the equipment.

b. Calculate the depreciation expense using the double-declining balance method for the first year the equipment was owned.

c. Calculate the depreciation expense using the double-declining balance method for the second year the equipment was owned.

Question 2.18. Using the information provided in the problem on page 83, calculate/answer the following questions. Note where the text shows the years 2008, 2009, and 2010, that should be 2013, 2014, and 2015, respectively.

a. Dividends for 2013

b. Dividends for 2014

c. Dividends for 2015