Exercise 13-3 Computing and interpreting trend percents LO P1

Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 451,526 $ 293,199 $ 235,501 $ 165,846 $ 126,600 223,648 145, 318 118,545 82,515 62,034 21,944 17, 152 16, 108 9,719 8,672 Compute trend percents for the above accounts, using 2015 as the base year. Trend Percent for Net Sales: 1 Choose Denominator: Choose Numerator: Trend percent 2019: % 2018: % 2017: % 2016: % Trend Percent for Cost of Goods Sold: I Choose Denominator: Choose Numerator: / Trend percent 2019: - % 2018: - % 2017: - % / / 2016: % Trend Percent for Accounts Receivables: Choose Denominator: Choose Numerator: = Trend percent 2019: % 2018: / % 2017: % 2016: %