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Compute trend percents for the above accounts, using 2 0 1 7 as the base year. For each of the three accounts, state whether the
Compute trend percents for the above accounts, using 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 unfavorable. BLANKS CHOICES: Trend Percent for net sales, Numerator Analysis period accounts receivable, Analysis period cost of goods sold, Analysis period net sales, Base year accounts receivable, Base year cost of goods sold,Base year net sales Denominator Analysis period accounts receivable, Analysis period cost of goods sold, Analysis period net sales, Base year accounts receivable, Base year cost of goods sold,Base year net sales
Trend percent for cost of goods sold: Numerator Analysis period accounts receivable, Analysis period cost of goods sold, Analysis period net sales, Base year accounts receivable, Base year cost of goods sold, Base year net sales Same for denominator. Trend percent for accounts recievable Analysis period accounts receivable, Analysis period cost of goods sold, Analysis period net sales, Base year accounts receivable Denominator: same answer choices
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