Question: Exercise 13-3 (Algo) Computing and analyzing trend percents LO P1 Sales Cost of goods sold Accounts receivable 2021 $ 536,300 270, 700 26,118 2020 $

Exercise 13-3 (Algo) Computing and analyzing trend percents LO P1 Sales Cost of goods sold Accounts receivable 2021 $ 536,300 270, 700 26,118

Exercise 13-3 (Algo) Computing and analyzing trend percents LO P1 Sales Cost of goods sold Accounts receivable 2021 $ 536,300 270, 700 26,118 2020 $ 352,829 178,165 20,676 2019 $ 276,729 141,665 18,956 2018 $ 185,103 94,052 10,829 2017 $ 141,300 70,650 9,637 Compute trend percents for the above accounts, using 2017 as the base year. Numerator: 1 Denominator: 1 Trend percent % 2021: 2020: / % 2019: 1 = 2018: 1 % 2017: 1 % Trend Percent for Cost of Goods Sold: Denominator: Numerator: / Trend percent 2021: 1 % 2020: 1 % 2019: / % 2018: / 2017: / % Trend Percent for Accounts Receivables: Denominator: Numerator: / Trend percent / % 2021: 2020: 1 % 1 % 2019: 2018: / % 2017: 1

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