Exercise 13-3 (Algo) Computing and analyzing trend percents LO P1

Compute trend percents for the above accounts, using 2017 as the base year.

Exercise 13-3 (Algo) Computing and analyzing trend percents LO P1 Sales Cost of goods sold Accounts receivable 2021 $ 458,863 222,804 22,117 2020 $ 303,883 147,414 17,716 2019 $ 235,568 116,173 16,113 2018 $ 160,797 78,733 9,374 2017 $ 120,900 58,032 8,294 Compute trend percents for the above accounts, using 2017 as the base year. Trend Percent for Net Sales: Numerator: 1 Denominator: / Trend percent 2021: / 2020: 1 2019: 2018: 7 2017: Trend Percent for Cost of Goods Sold: Numerator: 7 Denominator: / Trend percen 2021: / 2020: Prey 1 of 1 Next 2017: J = 1 Trend Percent for Cost of Goods Sold: Numerator: 1 Denominator: / II Trend perc 2021: 1 II 2020: II 2019: / 2018: 2017: 7 Trend Percent for Accounts Receivables: 1 Denominator: Numerator: II 1 Trend pe 2021: / 2020: 7 2019: / = / 2018: 1111 2017