Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 641,472 $ 416,540 $ 326,698 $221,490 $160,500 323,336 31,176 209,970 24,409 166,399 112,195 80,250 22,379 13,001 10,978 Compute trend percents for the above accounts, using 2015 as the base year. Choose Numerator: Trend Percent for Net Sales: / Choose Denominator: Analysis period net sales Base year net sales = Trend percent 2019: 1 = 0% 2018: 1 = 0% 2017: = 0% 2016: 0% 2019: 2018: 2017: 2016: Trend Percent for Cost of Goods Sold: Choose Numerator: Analysis period cost of goods sold / Choose Denominator: Base year cost of goods sold = Trend percent = 0% = 0% = 0% 1 = 0% Trend Percent for Accounts Receivables: Choose Numerator: / Choose Denominator: Analysis period accounts receivable Base year accounts receivable = Trend percent 2019: 1 = 0% 2018: = 0% 2017: = 0% 2016: 1 = 0%