Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 488,416 $ 321,326 $ 251,036 $ 173,128 $ 129,200 251,692 23,688 165,426 18,765 131,078 17,146 89,695 10,145 Compute trend percents for the above accounts, using 2015 as the base year. 2019: 2018: 2017: 2016: 2019: 2018: 2017: 2016: 2019: 2018: 2017: 2016: Choose Numerator: Trend Percent for Net Sales: / Choose Denominator: 65,892 8,876 Trend percent % % % % Trend Percent for Cost of Goods Sold: Choose Numerator: / Choose Denominator: Trend percent 1 % 1 % 1 = % % Trend Percent for Accounts Receivables: Choose Numerator: / Choose Denominator: 1 1 1 1 Trend percent % % % %