Question: Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 723,663 $ 479,247

Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 723,663 $ 479,247 $ 384,937 $ 259,217 $ 194,900 378,755 250,958 203,517 136,193 101,348 34,881 28,084 26,330 15,086 13,292 Compute trend percents for the above accounts, using 2015 as the base year. = 11 Trend percent 0 % 11 Choose Numerator: Analysis period net sales 2019: S 2018: $ 2017: $ Trond Percent for Not Salos: 1 Choose Denominator: / Base year net sales 723,6631 479,2471 384,937 259,217 0 % Int 0 % 0 % 2016: $ rences = Trend percent 0 % Trond Percent for Cost of Goods Sold: Choose Numerator: 1 Choose Denominator: Analysis period cost of goods sold Base year cost of goods sold 2019: $ 378,7551 2018: $ 250,958/ 2017: $ 203,5171 2016: $ 136,193 0 % 0 % I! 0 % 11 Trend percent 0 % 11 Trend Percent for Accounts Receivables: Choose Numerator: 1 Choose Denominator: Analysis period accounts receivable / Base year accounts receivable 2019: $ 34,881 / 2018: $ 28,084 2017: $ 26,330 / 2016: $ 15,086/ 0 % 11 = 0 % 0 % HI

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