Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 407,684 $ 264, 730 $ 209,273 $ 147,896 $ 111,200 198, 188 128, 570 103, 751 72,890 53,376 19, 773 15,540 14,293 8,667 7,595 Compute trend percents for the above accounts, using 2015 as the base year. Trend Percent for Net Sales: 1 Choose Denominator: Choose Numerator: es 1 Trend percent 2019: 1 9 1 96 2018: 2017: 2016: 96 96 Trend Percent for Cost of Goods Sold: Choose Numerator: Choose Denominator: 1 1 Trend percent 96 2019: 2018: 96 2017: 7 %6 2016: 96 Trend Percent for Accounts Receivables: Choose Numerator: Trend Percent for Net Sales: 1 Choose Denominator: Trend percent 2019: 96 96 2018: 2017: 2016: 96 96 Choose Numerator: Trend Percent for Cost of Goods Sold: Choose Denominator: Trend percent 2019: 2018: 96 1 96 2017: 96 2016: 96 Trend Percent for Accounts Receivables: 1 Choose Denominator; Choose Numerator: 1 Trend percent 1 96 2019: 2018: 2017: 2016: 96 96 96 Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 407,684 $ 264, 730 $ 209, 273 $ 147,896 $ 111,200 198, 188 128, 570 103, 751 72,890 53,376 19, 773 15,540 14,293 8,667 7,595 Compute trend percents for the above accounts, using 2015 as the base year. Trend Percent for Net Sales: 1 Choose Denominator: Choose Numerator: es 1 Trend percent 1 96 1 % 2019: 2018: 2017: 2016: 96 96 Trend Percent for Cost of Goods Sold: - Choose Numerator: Choose Denominator: 1 Trend percent 96 2019: 1 2018: 96 2017: 7 %6 2016: 96 Trend Percent for Accounts Receivables