Question: Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 644,624 $ 421,323

Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 644,624 $ 421,323 $ 349,646 $ 237,048 $ 174,300 311,820 203,985 171,280 115,583 83,664 31,135 24,732 23,916 13,844 11,940 Compute trend percents for the above accounts, using 2015 as the base year. Trend Percent for Net Sales: 1 Choose Denominator: Choose Numerator: 11 Trend percent 2019 11 96 2018: 1 % 111 2017: % 2016: % Trend Percent for Cost of Goods Sold: 1 Choose Denominator: Choose Numerator: Trend percent 1 2 2019: 2018: 2017: 1 95 ### 1 98 2016: 1 Trend Percent for Accounts Receivables

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