Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 739,454 $ 480,165 $ 378,083 $ 253, 747 $ 193,700 364,882 237,031 188,761 125,336 94,913 35, 790 28,138 25,823 14,793 13,230 Compute trend percents for the above accounts, using 2015 as the base year. Trend Porcent for Net Sales: 1 Choose Denominator: Choose Numerator: 1 Trend percent / = % 1 2019: 2018: 2017: 2016: % / % % Trend Percent for Cost of Goods Sold: 1 Choose Denominator: Chooso Numerator: Trend percent = % 2019: 2018: 2017: % / 2016: % % Prey 1 of 1 Next Trond Percent for Net Sales: Choose Numerator: 1 Choose Denominator: 1 1 Trend percent 2019: / 11 % 2018: 2017: #11 % % / 2016: % Choose Numerator Trend Percent for Cost of Goods Sold: 1 Choose Denominator: 1 1 Trend percent 2019: % 2018: 7 2017: 2016: % % 1 11 / Choose Numerator: Trond Percent for Accounts Receivables: 1 Choose Denominator: 11 Trend percent 2019: 2018: % 1 % 2017: 2016: / / % % Analysis period accounts receivable Analysis period cost of goods sold Analysis period net sales Base year accounts receivable Base year cost of goods sold Base vear net sales