Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. exercise 17-3 computation and analysis of trend pe

Exercise 17-3 Computation and analysis of trend percents LO P1 Sales Cost of...

80.2K

Verified Solution

Question

Accounting

image

Exercise 17-3 Computation and analysis of trend percents LO P1 Sales Cost of goods sold Accounts receivable 2017 2016 2015 2014 2013 $ 697,354 $ 449,906 $ 358,491 $ 248,952 $ 188,600 337, 230 217,455 175, 326 121,347 90,528 33,612 26,275 24,628 14,589 12,881 Compute trend percents for the above accounts, using 2013 as the base year. Trend Percent for Net Sales: 1 Choose Denominator: Choose Numerator: 1 Sales 2017: / % 2016: / % 2015: 1 % 2014: 1 % Trend Percent for Cost of Goods Sold: | Choose Denominator: Choose Numerator: 1 Cost of goods sold % 2017: 1 2016: 1 % 2015: 1 % % 2014: 1 Trend Percent for Accounts Receivables: 1 Choose Denominator: Choose Numerator: 1 Accounts receivable 2017: / % 2016: 1 % 2015: 1 % 2014: 1 %

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

General Management
1.2K views

***************I NEED THE BEST ANSWER FOR THIS. DON'T WASTE MY QUESTIONS. I NEED MINIMUM 5 PAGE...

Basic Math
1.2K views

Question 5 A researcher is undertaking an early stage investigation into the possible effect of a...

Geometry
1.2K views

4 cm 5 cm 3 cm The surface area is

Calculus
1.2K views

Rolsonut serbe a levisani Find the equation of tangent line to the curve x xy...

Accounting
1.2K views

when you audit an insurance company, what is the inspection (audit procedure) fora. existence b....

Accounting
1.2K views

The following CVP income statements are available for Blossom Company and Crane Company: Calculate the...

Accounting
1.2K views

You will be analyzing the following firms: a. Ross Stores Inc (ROST) b. TJX Companies...

Accounting
1.2K views

The marketing department of Jessi Corporation has submitted the following sales forecast for the upcoming...

Accounting
1.2K views

You are working for Mindak LLP, an accounting consulting firm, as a research and accounting...

Accounting
1.2K views

Lance H. and Wanda B. Dean are married and live at 431 Yucca Drive, Santa...

Finance
1.2K views

A stock index is currently at 120. After three months, the index level will be...

Finance
1.2K views

You own a portfolio that has $3,000 invested in Stock A and $3,500 invested in...