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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 %
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