ANSWER

Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 536,653 $ 353,061 S 283,583 $ 202,559 $ 152,300 281,610 185,142 150,813 106,981 79, 196 25,920 20,548 19,397 11,829 10,417 Compute trend percents for the above accounts, using 2015 as the base year. Choose Numerator: Trond Porcent for Net Sales: Choose Donominator: V 7 Trend percent 2019: % 2018: % 2017: % 2016: B % ces Choose Numerator Trend Percent for Cost of Goods Sold Choose Denominator: Trend percent 2019: 1 % % 1 2018: 2017: 2016: 1 % % Trend Percent for Accounts Receivables: 1 Choose Denominator: Choose Numerator: Trend percent Compute trend percents for the above accounts, using 2015 as the base year. Choose Numerator: Trend Percent for Net Sales: 1 Choose Denominator: 1 / 1 Trend percent 2019: 2018: % 111111 % % % 2017: 2016: / Trend Percent for Cost of Goods Sold: 1 Choose Denominator: Choose Numerator: Trend percent 2019: 11 % 2018: I! % 2017: % 2016: % Choose Numerator: Trend Percent for Accounts Receivables: 1 Choose Denominator: 1 1 Trend percent 2019: % 2018: 2017: % % 6 6 % 2016: %