Exercise 17-3 Computation and analysis of trend percents LO P1 Sales Cost of goods sold Accounts receivable 2017 2016 2015 2014 2013 $ 495,808 $ 321,953 $ 258,597 $ 189,448 $ 139,300 250,354 162,627 132,699 23,997 18,770 17,766 95,974 11,064 69,650 9,542 Compute trend percents for the above accounts, using 2013 as the base year. 2017: 2016: 2015: 2014: 2017: 2016: 2015: 2014: Choose Numerator: Trend Percent for Net Sales: / Choose Denominator: I I Trend Percent for Cost of Goods Sold: Choose Numerator: Choose Denominator: Choose Numerator: I Trend Percent for Accounts Receivables: / Choose Denominator: 1 Sales = % % = % % = Cost of goods sold = % = % = % % =Accounts receivable 2017: 2016: 2015: 2014: 2017: 2016: 2015: 2014: 2017: 2016: 2015: 2014: Choose Numerator: Trend Percent for Net Sales: / Choose Denominator: Trend Percent for Cost of Goods Sold: Choose Numerator: / Choose Denominator: 1 / Trend Percent for Accounts Receivables: Choose Numerator: / Choose Denominator: = Sales = % = % = % = % = Cost of goods sold = % = % = % = % = Accounts receivable = % = % = % = %