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Exercise 13-3 Computing and interpreting common-size percents LO P1 2017 2019 2018 2016 2015 608, 823 $ 392, 789 $ 316, 765 $ 231, 215

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Exercise 13-3 Computing and interpreting common-size percents LO P1 2017 2019 2018 2016 2015 608, 823 $ 392, 789 $ 316, 765 $ 231, 215 $ Sales 176, 500 90, 015 12, 090 201, 922 22, 978 Cost of goods sold 312, 950 29, 589 165, 000 21, 730 119, 370 13, 549 Accounts receivable Compute trend percents for the above accounts, using 2015 as the base year. Trend Percent for Net Sales: I Choose Denominator: Choose Numerator: Analysis period net sales 2019: 2018: I Base year net sales Trend percent %3D 2017: 2016: Trend Percent for Cost of Goods Sold: I Choose Denominator: Choose Numerator: Analysis period cost of goods sold I Base year cost of goods sold Trend percent 2019: 2018: 2017: 2016: %3D Trend Percent for Accounts Receivables: I Choose Denominator: Choose Numerator: Analysis period accounts receivable 2019: I Base year accounts receivable Trend percent 2018: 2017: 2016

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