Exercise 17-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 571,052 $ 370,813 $296,650 $212,652 $ 161,100 287,926 27,582 186,957 21,655 151,525 108,076 20,232 12,461 Compute trend percents for the above accounts, using 2015 as the base year. 2019: 2018: 2017: 2016: 2019: 2018: 2017: Choose Numerator: Choose Numerator: Trend Percent for Net Sales: Choose Denominator: 1 Trend Percent for Cost of Goods Sold: Choose Denominator: 1 80,550 11,019 Trend percent = % = % % % => Trend percent % = %