Compute trend percents for the following accounts, using 2011 as the base year (round the percents to

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Compute trend percents for the following accounts, using 2011 as the base year (round the percents to whole numbers).

State whether the situation as revealed by the trends appears to be favorable or unfavorable for eachaccount.

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Fundamental accounting principle

ISBN: 978-0078025587

21st edition

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

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Question Posted: Nov 26, 2013 10:20 AM

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Compute trend percents for the following accounts, using 2011 as the base year (round the percents to

Question:

2014 2013 $282.880 $270,800 $252,600 $234,560 $150,000 18,100 7.300 6.400 15,200 9.000 2015 2012 2011 Cost of goods sold 128 Accounts receivable.. 200 122080 1S280 106,440 67000

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2015 2014 2013 2012 2011 Sales 189 181 168 156 100 Cost of goods sold 19...View the full answer

Fundamental accounting principle

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