Using 2011 as the base year, prepare a trend analysis for the following data and tell whether

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Using 2011 as the base year, prepare a trend analysis for the following data and tell whether the results suggest a favorable or unfavorable trend. (Round your answers to one decimal place.)

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Principles Of Financial Accounting

ISBN: 9780538755160

11th Edition

Authors: Belverd E Needles, Marian Powers

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Question Posted: Sep 10, 2014 11:44 AM

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Using 2011 as the base year, prepare a trend analysis for the following data and tell whether

Question:

2012 $316,000 S272,000 224,000 2013 2011 Net sales Accounts receivable (net) 86,000 64,00042,000

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These results show an unfavorable trend because ...View the full answer

Principles Of Financial Accounting

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