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2021 2020 2019 2018 2017 Sales $ 562,820 $ 370,276 $ 302,266 $ 206,325 $ 157,500 Cost of goods sold 283,810 186,888 154,133 104,863 78,750
2021 | 2020 | 2019 | 2018 | 2017 | |
---|---|---|---|---|---|
Sales | $ 562,820 | $ 370,276 | $ 302,266 | $ 206,325 | $ 157,500 |
Cost of goods sold | 283,810 | 186,888 | 154,133 | 104,863 | 78,750 |
Accounts receivable | 27,240 | 21,550 | 20,735 | 12,029 | 10,789 |
Compute trend percents for the above accounts, using 2017 as the base year.
Sales Cost of goods sold Accounts receivable 2021 $ 562,820 283,810 27,240 2020 $ 370, 276 186,888 21,550 2019 $ 302,266 154,133 20,735 2018 $ 206,325 104,863 12,029 2017 $ 157,500 78,750 10,789 Compute trend percents for the above accounts, using 2017 as the base year. Trend Percent for Net Sales: Numerator: 1 Denominator: 1 = Trend percent 2021: 1 = % 2020: / % 2019: / = % 2018: / = % 2017: / = % Trend Percent for Cost of Goods Sold: Numerator: Denominator: / Trend percent 2021: 1 = % 2020: 1 = % 2019: / % 2018: / = % 2017: 1 = % Trend Percent for Accounts Receivables: Denominator: Numerator: / = Trend percent 2021: / = % 2020: / % 2019: / = % 2018: / = % 2017: / = %Step by Step Solution
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