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Exercise 17-3 Computation and analysis of trend percents LO P1 2017 2016 2015 2014 2013 Sales $ 645,969 $ 430,646 $ 351,548 $ 254,745 $

Exercise 17-3 Computation and analysis of trend percents LO P1

2017 2016 2015 2014 2013
Sales $ 645,969 $ 430,646 $ 351,548 $ 254,745 $ 188,700
Cost of goods sold 331,944 221,229 182,639 131,270 96,237
Accounts receivable 31,394 25,107 24,046 14,877 12,926

Compute trend percents for the above accounts, using 2013 as the base year.

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Choose Numerator: Sales Trend Percent for Net Sales: 1 Choose Denominator: 1 1 1 1 % % 2017: 2016: 2015: 2014: % Choose Numerator: Trend Percent for Cost of Goods Sold: 1 Choose Denominator: 1 1 1 11 11 2017: 2016: Cost of goods sold % % % 2015: 2014: % Choose Numerator: Trend Percent for Accounts Receivables: 1 Choose Denominator: 1 / 1 Accounts receivable % 11 2017: 2016: % 2015: % 2014: 1 %

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