Exercise 13-3 Computation and analysis of trend percents LO P1

	2017		2016		2015		2014		2013
Sales	$	503,999	$	327,272	$	259,740	$	175,500	$	130,000
Cost of goods sold		254,500		165,436		133,120		89,350		65,000
Accounts receivable		24,494		19,145		17,792		10,284		8,905

Compute trend percents for the above accounts, using 2013 as the base year.

Exercise 13-3 Computation and analysis of trend percents LO P1 Sales Cost of goods sold Accounts receivable 2017 2016 2015 2014 2013 $ 503,999 $ 327,272 $ 259,740 $ 175,500 $ 130,000 254,500 165, 436 133, 120 8 9,350 65,000 24,494 19,145 17,792 10,284 8,905 Compute trend percents for the above accounts, using 2013 as the base year. Trend Percent for Net Sales: 1 Choose Denominator: Choose Numerator: Sales = = I 2017: 2016: 2015: 2014: Trend Percent for Cost of Goods Sold: 1 Choose Denominator: Choose Numerator: = Cost of goods sold 2017: 2016: 2015: 2014: I 1 I = = Trend Percent for Accounts Receivables: 1 Choose Denominator: Choose Numerator: = Accounts receivable I 1 2017: 2016: 2015: 2014