$ Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 479,720 $ 315, 605 $ 257,637 $ 187,372 $ 134,800 232,716 153, 190 127,166 91,089 64,784 23,314 18,431 17,648 10,943 9,207 Compute trend percents for the above accounts, using 2015 as the base year. II Answer is complete but not entirely correct. Trend Percent for Net Sales: 1 Choose Denominator: 1 Base year net sales 479,720 1 $ 315,605 x = 315,605 7 257,637 = 257,637 1 187,372 = 187,372 1 $ 134,800 Choose Numerator: Analysis period net sales S s S 2019: 2018: 2017: 2016: $ Trend percent 152 122 138 139 0 % % % $ $ % > II Trend Percent for Cost of Goods Sold: Choose Numerator: Choose Denominator: Analysis period cost of goods sold 1 Base year cost of goods sold s 232,715 X $ 153,190 153,190 1 127,166 X = 127,166 1 $ 91,089 X = $ 91,089 1 64,704 Trend percent 152 120 II % % 2019: 2018: 2017: 2016: $ A A $ 140 % $ II 141 % Trend Percent for Accounts Receivables: Choose Numerator: 1 Choose Denominator: Analysis period accounts receivable 1 Base year accounts receivable $ 23,314 1 $ 18,431 S 18,431 1 $ 17,648 X = S 17,648 1 $ 10,943 S 10.943 9,207 2019: 2018: 2017: 2016: 0 >XXXI> Trend percent 126 104 161 % % % % II $ II 119