2014 2012 2011 2013 $564,499 $364,193 $291,354 $203,034 $ 148,200 2015 Sales 99,

Question

2014 2012 2011 2013 $564,499 $364,193 $291,354 $203,034 $ 148,200 2015 Sales 99,056 71,136 Cost of goods sold Accounts receivable 273,460 176,313 143,200 27,322 21,196 19,958 11,877 10,167 Compute trend percents for the above accounts, using 2011 as the base year Trend Percent for Net Sales: Choose Numerator: Choose Denominator: Sales 2015 2014 2013 2012 Trend Percent for Cost of Goods Sold: Choose Numerator: Choose Denominator: Cost of goods sold 2015 2014 2013 2012 Trend Percent for Accounts Receivables: Choose Numerator: Choose Denominator: = Accounts receivable 2015 2014 2013 2012

Explanation / Answer

Net sales Numerator Denominator Sales % Current year Base year 2011 2015 564499 148200 381% 2014 364193 148200 246% 2013 291354 148200 197% 2012 203034 148200 137% Cost of goods sold Numerator Denominator Sales % Current year Base year 2011 2015 273460 71136 384% 2014 176313 71136 248% 2013 143200 71136 201% 2012 99056 71136 139% Accounts receivable Numerator Denominator Sales % Current year Base year 2011 2015 27322 10167 269% 2014 21196 10167 208% 2013 19958 10167 196% 2012 11877 10167 117%

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