Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 691,752 $ 461,168 $ 373,415 $ 249,776 $ 186,400 334,541 222,911 182,389 120,942 89,472 33,481 26,886 25,579 14,612 12,750 Compute trend percents for the above accounts, using 2015 as the base year. Choose Numerator: Analysis period net sales Trend Percent for Net Sales: 1 Choose Denominator: Base year net sales / = Trend percent 0 % 2019: / 0 % 2018: 2017: / 0 % 2016: / 0 % Trend Percent for Cost of Goods Sold: Choose Numerator: 1 Choose Denominator: Analysis period cost of goods sold Base year cost of goods sold 2019: 1 2018: Trend percent 0 % 0 % 2017: / 0 % 2016: / 0 % Trend Percent for Accounts Receivables: Choose Numerator: 1 Choose Denominator: Analysis period accounts receivable / Base year accounts receivable 2019: / Trend percent 0 % 0 % 2018: 2017: / 0 % 2016: 7 0 %