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2017 2016 2015 2014 2013 Sales $ 614,194 $ 406,751 $ 319,020 $ 212,680 $ 163,600...

2017 2016 2015 2014 2013 Sales $ 614,194 $ 406,751 $ 319,020 $ 212,680 $ 163,600 Cost of goods sold 303,555 200,808 159,670 105,813 80,164 Accounts receivable 29,666 23,754 21,885 12,442 11,223 Compute trend percents for the above accounts, using 2013 as the base year.

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Solution:

Computation of Trend Percentages
Particulars 2017 2016 2015 2014 2013
Historical Data:
Sales $614,194.00 $406,751.00 $319,020.00 $212,680.00 $163,600.00
Cost of goods sold $303,555.00 $200,808.00 $159,670.00 $105,813.00 $80,164.00
Accounts receivables $29,666.00 $23,754.00 $21,885.00 $12,442.00 $11,223.00
Trend Percentages:
Sales 375.4 248.6 195.0 130.0 100.0
Cost of goods sold 378.7 250.5 199.2 132.0 100.0
Accounts receivables 264.3 211.7 195.0 110.9 100.0
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