Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 636,816 $ 410,849 $ 323,503 $ 228,624 $ 173,200 320, 808 207,225 165, 102 115,912 86,600 30,822 24,076 22,192 13,352 11,830 Compute trend percents for the above accounts, using 2015 as the base year. Choose Numerator: Trend Percent for Net Sales: Choose Denominator: 1 = Trend percent 2019: / % / % 2018: 2017: / % 2016: / % Choose Numerator: Trend Percent for Cost of Goods Sold: 1 Choose Denominator: 1 1 Trend percent 2019: % 2018: % 2017: / % 2016: / % Trend Percent for Accounts Receivables: Choose Numerator: 1 Choose Denominator: / = Trend percent 2019: A % % 2018: 2017: 2016: / % / %