Using 2012 as the base year, prepare a trend analysis for the data that follow, and tell

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Using 2012 as the base year, prepare a trend analysis for the data that follow, and tell whether the results suggest a favorable or unfavorable trend. (Round to one decimal place.)

______________ _______________ _2014 2013 2012

Net sales…………………………. $316,000……..$272,000…….$224,000

Accounts receivable (net)…………...86,000……….. 64,000……… 42,000

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Principles of Financial Accounting

ISBN: 978-1133939283

12th edition

Authors: Belverd E. Needles, Marian Powers

Question Posted: Dec 05, 2016 10:14 AM

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Using 2012 as the base year, prepare a trend analysis for the data that follow, and tell

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