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Exercise 17-3 Computation and analysis of trend percents LO P1 Sales Cost of goods sold Accounts receivable 2017 2016 2015 2014 2013 $ 585,372 $

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Exercise 17-3 Computation and analysis of trend percents LO P1 Sales Cost of goods sold Accounts receivable 2017 2016 2015 2014 2013 $ 585,372 $ 385,113 $ 310,575 $ 209,848 $ 154,300 306,893 202,009 164,949 110,921 80,236 28,449 22,568 21,243 12,255 10,585 Compute trend percents for the above accounts, using 2013 as the base year. Choose Numerator: Trend Percent for Net Sales: 1 Choose Denominator: / 11 Sales 1 11 % % 2017: 2016: / % 2015: / = % 2014: / Trend Percent for Cost of Goods Sold: Choose Numerator: 1 Choose Denominator: / = / 2017: 2016: 1 Cost of goods sold % % % % 2015: 2014: Choose Numerator: Trend Percent for Accounts Recelvables: 1 Choose Denominator: / 1 / = Accounts receivable % 2017: 2016: % 2015: = = = HI % % 2014

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