Ch 13 Ex 13-3 Seved Help Save & Exit Submit Check my work 1 Exercise 13-3 (Algo) Computing and analyzing trend percents LO P1 12 points Sales Cost of goods sold Accounts receivable 2821 $546,209 275,665 26,546 2828 $ 354,681 178,941 20,713 2819 $ 291,493 144,097 19,254 2018 $ 200,900 195,340 12,67 2017 $ 150,000 79,00 10,823 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 unlavorable. eBock Him Numerator: Trend Percent for Net Sales: Denominator: : ! Trend percent 1 - Ask ! 2021 2020: 2019: 2018: 2017: ! 0 % 0 % 0 % % 0 % % DX ! Prir: - ! Is the trend percent for Net Sales favorable or unfavorable? o Heterences Trend Percent for Cost of Goods Sold: Denominator: Numerator: Trend percent 0 % 1 2021: 2020: 2019: 2018: 2017: 1 = 0 % 0 % 0 % 0 % 1 1 Is the trend percent for Cost of Goods Sold favorable or unfavorable? Trend Percent for Accounts Receivable: Denominator: Numerator: Mc Graw Hill Ch 13 Ex 13-3 Saved Help Save & Exit Submit Check my work 1 0 % 0 % 2021: 2020: 2019: 2018: 2017: Is the trend percent for Ne: Sales favorable or unfavorable? 12 points 0 % 0 % eBook Trend percent 0 % Hint Trend Percent for Cost of Goods Sold: Numerator: 1 Denominator: 1 2021 2020: 2019: 2018: 1 2017: Is the trend percent for Cost of Goods Sold favorable or unfavorable? 0 % Ask 0 % 0 % Print Trend Percent for Accounts Receivable! 1 Denominator: Numerator: o References 1 2021: 2020: 2019: 2018: Trend percent 0 0 % % 0 % le 0 % Ol 0 % 2017: Is the trend percent for Accounts Receivable favorable or unfavorable