Question: Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 379,480 $ 249,658

Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 379,480 $ 249,658 $ 205,480 $ 151,088 $ 113,600 199,880 131,372 110,100 80,066 59,072 18,443 14,530 14,034 8,808 7,759 Compute trend percents for the above accounts, using 2015 as the base year. Trend Percent for Net Sales: Choose Denominator: Choose Numerator: Trend percent 1 2019: 2018: 2017: 1 = % % % 2016: % Choose Numerator: Trend Percent for Cost of Goods Sold: 1 Choose Denominator: 1 Trend percent 1 ! 2019: 2018: 2017: 2016: 11 HII 1 % %

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