2017 2016 2015 2014 2013 Sales Cost of goods sold Accounts receivable $570,818 $

Question

2017 2016 2015 2014 2013 Sales Cost of goods sold Accounts receivable $570,818 $378,025 $298,834 $211,939 $154,700 293,617 194,593 155,755 109,889 78,897 27,685 22,11420,380 12,335 10,566 Compute trend percents for the above accounts, using 2013 as the base year. Trend Percent for Net Sales: Choose Numerator: Choose Denominator: Sales 201 201 201 201 Trend Percent for Cost of Goods Sold: Choose Numerator: Choose Denominator: Cost of goods sold 201 201 201 201 Trend Percent for Accounts Receivables: Choose Numerator: Choose Denominator: Accounts receivable 201 201 201 201

Explanation / Answer

Trend percent of sales:

2017 : $570818 / $154700 = 368.98%

2016 : $378025 / $154700 = 244.36%

2015 : $298834 / $154700 = 193.17%

2014: $211939 / $154700 = 137%

Trend percent of Cost of goods sold:

2017: $293617 / $78897 = 372.15%

2016: $194593 / $78897 = 246.64%

2015: $155755 / $78897 = 197.41%

2014 : $109889 / $78897 = 139.28%

Trend percent of Accounts receivable:

2017: $27685 / $10566 = 262.01%

2016: $22114 / $10566 = 209.29%

2015: $20380 / $10566 = 192.88%

2014 : $12335 / $10566 = 116.74%.

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