Question: Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $588,635 $ 387,260 $

Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $588,635 $ 387,260 $ 309,898 $ 227,800 $ 170,000 302,604 199, 103 161, 102 118,028 86,700 28, 372 22,616 21,253 13, 326 11,662 Compute trend percents for the above accounts, using 2015 as the base year. Choose Numerator: Trend Percent for Net Sales: Choose Denominator 7 7 1 Trend percent 1111 % 2019: 2018: % = 2017: 1111 % % 2016: Trend Percent for Cost of Goods Sold: Choose Numerator: Choose Denominator: 2019: 2018: 2017: 2016: Trend percent % % % % Trend Percent for Accounts Receivables: 7. Choose Denominator: Choose Numerator: Trend percent 2019: 111111 del 2018: %

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