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Exercise 17-3 Computing and analyzing trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 282,880 $270,800
Exercise 17-3 Computing and analyzing trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 282,880 $270,800 $252,600 $234,560 $ 150,000 128,200 122,080 115,280 106,440 18,100 17,300 16,400 15,200 67,000 9,000 Compute trend percents for the above accounts, using 2015 as the base year. 2019: 2018: 2017: 2016: 2019: 2018: 2017: 2016: Choose Numerator: Trend Percent for Net Sales: Choose Denominator: = Trend percent % % % % Trend Percent for Cost of Goods Sold: Choose Numerator: / Choose Denominator: = Trend percent % % % %
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