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Exercise 13-3 Computation and analysis of trend percents LO P1 $ Sales Cost of goods sold Accounts receivable 2017 685, 304 $ 345, 152 33,

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Exercise 13-3 Computation and analysis of trend percents LO P1 $ Sales Cost of goods sold Accounts receivable 2017 685, 304 $ 345, 152 33, 237 2016 450, 858 $ 227, 029 26, 375 2015 349, 502 $ 178, 101 23,976 2014 242, 710 $ 122, 705 14, 223 2013 186, 700 93, 350 12, 789 Compute trend percents for the above accounts, using 2013 as the base year. Trend Percent for Net Sales: 1 Choose Denominator: Choose Numerator: Sales 2017: 2016: 2015: 2014: Trend Percent for Cost of Goods Sold: 1 Choose Denominator: Choose Numerator: = Cost of goods sold 2017: 2016: 2015: 2014: Trend Percent for Accounts Receivables: 1 Choose Denominator: Choose Numerator: = Accounts receivable 2017: 2016: 2015: 2014

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