Compute trend percents for the following accounts, using 2009 as the base year. State whether the situation

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Compute trend percents for the following accounts, using 2009 as the base year. State whether the situation as revealed by the trends appears to be favorable or unfavorable for eachaccount.

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Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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Question Posted: Dec 26, 2012 09:06 AM

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Compute trend percents for the following accounts, using 2009 as the base year. State whether the situation

Question:

2013 2012 Sales Cost of goods sold. Accounts receivable $283.880 $271.800 $253,680 $235,560 $151.000 29,200 123,080 116,280 107,440 68.000 19,100 8,300 7400 6,200 0,000

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2013 2012 2011 2010 2009 Sales 188 180 168 156 100 Cost of goods sold 19...View the full answer

Fundamental Accounting Principles

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