Question
Sales Cost of goods sold Accounts receivable $ 501,330 253,165 24,365 $ 325,539 164,420 19,044 $ 252,356 129,628 17,211 $ 178,976 90,588 $ 131,600
Sales Cost of goods sold Accounts receivable $ 501,330 253,165 24,365 $ 325,539 164,420 19,044 $ 252,356 129,628 17,211 $ 178,976 90,588 $ 131,600 65,800 9,015 10,416 Compute trend percents for the above accounts, using 2017 as the base year. 2021: 2020: 2019: 2018: 2017: 2021: 2020: 2019: 2018: 2017: 2021: 2020: 2019: 2018: 2017: Trend Percent for Net Sales: Numerator: Denominator: Trend percent % % 1% % % Trend Percent for Cost of Goods Sold Numerator: Denominator: Trend percent % % % % % Numerator: Trend Percent for Accounts Receivables: Denominator: Trend percent % % % % %
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
13th Edition
978-0697789938
