Sales Cost of goods sold Accounts receivable 2021 $ 649,229 320,572 31,553 2020 $ 429,953 212,327...
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Sales Cost of goods sold Accounts receivable 2021 $ 649,229 320,572 31,553 2020 $ 429,953 212,327 25,195 2019 $ 355,333 177,113 24,305 2018 $ 245,057 121,478 14,311 2017 $ 176,300 86,387 12,112 Compute trend percents for the above accounts, using 2017 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favorable or unfavorable. 2021: 2020: 2019: 2018: 2017: Trend Percent for Net Sales: Numerator: Denominator: Is the trend percent for Net Sales favorable or unfavorable? 2021: 2020: 2019: 2018: 2017: Numerator: Trend Percent for Cost of Goods Sold: Denominator: Is the trend percent for Cost of Goods Sold favorable or unfavorable? 2021: 2020: 2019: 2018: 2017: Trend percent = % = % = % % % = = Trend percent % % = % % % Trend Percent for Accounts Receivable: Numerator: Denominator: = Trend percent = % = % = % = % = % Is the trend percent for Accounts Receivable favorable or unfavorable? Sales Cost of goods sold Accounts receivable 2021 $ 649,229 320,572 31,553 2020 $ 429,953 212,327 25,195 2019 $ 355,333 177,113 24,305 2018 $ 245,057 121,478 14,311 2017 $ 176,300 86,387 12,112 Compute trend percents for the above accounts, using 2017 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favorable or unfavorable. 2021: 2020: 2019: 2018: 2017: Trend Percent for Net Sales: Numerator: Denominator: Is the trend percent for Net Sales favorable or unfavorable? 2021: 2020: 2019: 2018: 2017: Numerator: Trend Percent for Cost of Goods Sold: Denominator: Is the trend percent for Cost of Goods Sold favorable or unfavorable? 2021: 2020: 2019: 2018: 2017: Trend percent = % = % = % % % = = Trend percent % % = % % % Trend Percent for Accounts Receivable: Numerator: Denominator: = Trend percent = % = % = % = % = % Is the trend percent for Accounts Receivable favorable or unfavorable?
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