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Sales Cost of goods sold Accounts receivable 2017 2016 2015 2014 2013 $ 717,099 $ 478,066 $ 390,258 $ 260,172 $ 197, 100 368,320 245,464
Sales Cost of goods sold Accounts receivable 2017 2016 2015 2014 2013 $ 717,099 $ 478,066 $ 390,258 $ 260,172 $ 197, 100 368,320 245,464 202,532 134,088 100,521 34,708 27,967 26,733 15, 142 13,482 Compute trend percents for the above accounts, using 2013 as the base year. Trend Percent for Net Sales: 1 Choose Denominator: Choose Numerator: Sales 2017: 0 % 0 % 2016: 2015: 2014: 1 0 % / 0 % Trend Percent for Cost of Goods Sold: | Choose Denominator: Choose Numerator: / Cost of goods sold 0 % / 2017: 2016: / 0 % / 0 % 2015: 2014: 0 % Trend Percent for Accounts Receivables: 1 Choose Denominator: Choose Numerator: Express the following comparative income statements in common-size percents. (Round your percentage answers to 1 decimal place.) % GOMEZ CORPORATION Comparative Income Statements For Years Ended December 31, 2017 and 2016 2017 2016 $ % $ Sales $ 725,000 $ 670,000 Cost of goods sold 568,100 293,200 Gross profit 156,900 376,800 Operating expenses 130,400 273,200 Net income $ 26,500 $ 103,600 Has the company's situation improved in the most recent year? Yes O No
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