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  3. 2017 2016 2015 2014 2013 sales $ 699,332 $ 466,2

2017 2016 2015 2014 2013 Sales $ 699,332 $ 466,221 $ 368,554 $ 252,434 $ 189,800 Cost of goods sold 352,166 234,761 187,327 128,167 94,900 Accounts receivable 33,918 27,227 25,283 14,767 13,001 Compute trend percents for the above accounts, using 2013 as the base...

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Accounting

20172016201520142013
Sales$699,332$466,221$368,554$252,434$189,800
Cost of goods sold352,166234,761187,327128,16794,900
Accounts receivable33,91827,22725,28314,76713,001


Compute trend percents for the above accounts, using 2013 as thebase year.

Trend Percent for Net Sales:
Choose Numerator:/Choose Denominator:
/=Sales
2017:/=%
2016:/=%
2015:/=%
2014:/=%
Trend Percent for Cost of GoodsSold:
Choose Numerator:/Choose Denominator:
/=Cost of goods sold
2017:/=%
2016:/=%
2015:/=%
2014:/=%
Trend Percent for AccountsReceivables:
Choose Numerator:/Choose Denominator:
/=Accounts receivable
2017:/=%
2016:/=%
2015:/=%
2014:/=%

Answer & Explanation Solved by verified expert
3.9 Ratings (552 Votes)

Trend Percent for Net Sales:
Choose Numerator: / Choose Denominator:
Analysis period Net Sales / Base Year Net Sales = Sales
2017 $699,332 / $189,800 = 368%
2016 $466,221 / $189,800 = 246%
2015 $368,554 / $189,800 = 194%
2014 $252,434 / $189,800 = 133%
Trend Percent for Cost of Goods Sold:
Choose Numerator: / Choose Denominator:
Analysis period Cost of Goods Sold / Base Year Cost of Goods Sold = Cost of goods sold
2017 $352,166 / $94,900 = 371%
2016 $234,761 / $94,900 = 247%
2015 $187,327 / $94,900 = 197%
2014 $128,167 / $94,900 = 135%
Trend Percent for Accounts Receivables:
Choose Numerator: / Choose Denominator:
Analysis period Accounts receivables / Base Year Accounts receivables = Accounts receivable
2017 $33,918 / $13,001 = 261%
2016 $27,227 / $13,001 = 209%
2015 $25,283 / $13,001 = 194%
2014 $14,767 / $13,001 = 114%

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