Question: Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 511,868 $ 336,755

Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 511,868 $ 336,755 $ 276,029 $ 198,582 $ 143,900 258,534 170,028 141,465 100,791 71,950 24,877 19,633 18,880 11,557 9,843 Compute trend percents for the above accounts, using 2015 as the base year. Trend Percent for Net Sales: 1 Choose Denominator: Choose Numerator: + Trend percent % 11 2019: 1 1 = 2018: % % HI / 2017: 2016: / E es Choose Numerator: Trend Percent for Cost of Goods Sold: 1 Choose Denominator: 1 / 11 Trend percent % 2019: / = 2018: % 2017: 2016: % % Trend Percent for Accounts Receivables: 1 Choose Denominator: Ahonen Numerator 2016! -ferences Trend Percent for Accounts Receivables: 1 Choose Denominator: Choose Numerator: Trend percent % 2019: 2018: 2017: 2016: #1111111 % % %

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