Question: Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 554,582 $ 364,894

Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 554,582 $ 364,894 $ 286,121 $ 202,206 $ 150,900 285,196 187,650 149, 172 104,825 76,959 26,727 21,341 19,657 11,849 10,306 Compute trend percents for the above accounts, using 2015 as the base year. Trend Percent for Net Sales: 1 Choose Denominator: Choose Numerator: I! end percent 2019: 11 % 2018: = % 2017: % 2016: = % Trend Percent for Cost of Goods Sold: Choose Numerator: 1 Choose Denominator: Trend percent 2019: / sel 2018: % 2017: / % 2016: % Trend Percent for Accounts Recolvables: 1 Choose Denominator: Choose Numerator: / Trend percent 2019: / % % 2018: 1 RR 2017: 1 2016: %

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