Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 689,478 $ 447,713 $ 349,776 $ 243,746 $ 181,900 340,294 221,029 174,890 121,136 89,131 33,371 26,236 23,925 14,284 12,478 Compute trend percents for the above accounts, using 2015 as the base year. Trend Percent for Net Sales: Chooso Denominator: Choose Numerator: II 1 2019: 2018: 2017: 2016: Trend percent 0 % 0 % 0 % 0 % = 11 Trend Percent for Cost of Goods Sold: 1 Choose Denominator: Choose Numerator: I 2019: 1 2018: 2017: Trend percent 0 % 0 % 0 % 0 % / 2016