Exercise 13-3 Computing and interpreting common-size percents LO P1 Sales Cost of goods sold Accounts receivable...

Question

Question

Exercise 13-3 Computing and interpreting common-size percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 20

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

Trend percentage for Net Sales
	Choose Numerator	/	Choose Denominator	=	Trend Percentage
	Current year Net Sales	/	Base year Net Sales
2019	$ 4,97,617	/	$ 1,39,900	=	356%
2018	$ 3,21,043	/	$ 1,39,900	=	229%
2017	$ 2,66,426	/	$ 1,39,900	=	190%
2016	$ 1,93,062	/	$ 1,39,900	=	138%

Trend percentage of Cost for Goods sold
	Choose Numerator	/	Choose Denominator	=	Trend Percentage
	Current year Cost of Goods sold	/	Base year Cost of Goods sold
2019	$ 2,46,382	/	$ 68,551	=	359%
2018	$ 1,59,111	/	$ 68,551	=	232%
2017	$ 1,33,999	/	$ 68,551	=	195%
2016	$ 96,150	/	$ 68,551	=	140%

Trend percentage for Accounts Receivables
	Choose Numerator	/	Choose Denominator	=	Trend Percentage
	Current year Account Receivables	/	Base year Account Receivables
2019	$ 23,985	/	$ 9,541	=	251%
2018	$ 18,781	/	$ 9,541	=	197%
2017	$ 18,250	/	$ 9,541	=	191%
2016	$ 11,313	/	$ 9,541	=	119%

Add a comment

Answer 2

Similar Homework Help Questions

Exercise 13-3 Computing and interpreting common-size percents LO P1 Sales Cost of goods sold Accounts receivable...

Exercise 13-3 Computing and interpreting common-size percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 716,496 $ 477,664 $ 373, 175 $ 261,877 $ 196,900 353,683 235,605 186,256 129, 920 96,481 34,678 27,896 25,488 15,294 13,468 Compute trend percents for the above accounts, using 2015 as the base year. Trend Percent for Net Sales: Choose Numerator: 6 B O 2 ET . Trend percent . 2019: 2018: 2017: 2016: Trend Percent for Cost...
Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable...

Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 379,480 $ 249,658 $ 205,480 $ 151,088 $ 113,600 199,880 131,372 110,100 80,066 59,072 18,443 14,530 14,034 8,808 7,759 Compute trend percents for the above accounts, using 2015 as the base year. Trend Percent for Net Sales: Choose Denominator: Choose Numerator: Trend percent 1 2019: 2018: 2017: 1 = % % % 2016: % Choose Numerator: Trend Percent...
Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable...

Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 718,080 $ 478, 720 $ 384,514 $ 275,637 $ 198,300 347,128 231,436 187,867 133,706 95,184 34,827 27,909 26,378 16,097 13,544 Compute trend percents for the above accounts, using 2015 as the base year. Dok Trend Percent for Net Sales: Choose Denominator: Choose Numerator: int Trend percent % 1 1 % int 2019: 2018: 2017: 2016: % % onces...

Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable...

Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 689,478 $ 447,713 $ 349,776 $ 243,746 $ 181,900 340,294 221,029 174,890 121,136 89,131 33,371 26,236 23,925 14,284 12,478 Compute trend percents for the above accounts, using 2015 as the base year. Trend Percent for Net Sales: 1 Chooso Denominator: Choose Numerator: 11 Trend percent 0 % 2019: 7 2018: 0 % 11 0 % 2017: 2016: 11...
Please help, this confuses me. Exercise 13-3 Computing and interpreting common-size percents LO P1 Sales Cost...

Please help, this confuses me. Exercise 13-3 Computing and interpreting common-size percents LO P1 Sales Cost of goods sold Accounts receivable 2019 2018 2017 $ 453,474 $ 292,564 $ 237,857 $ 229,287 147,932 122,179 22,039 17,144 16,341 2016 2015 174,895 $ 131,500 88,448 65,750 10,231 8,981 Compute trend percents for the above accounts, using 2015 as the base year. Trend Percent for Net Sales: 1 Choose Denominator: 7 Base year net sales Trend percent 0 % Choose Numerator: Analysis period...
Exercise 13-3 Computing and interpreting common-size percents LO P1 2017 2019 2018 2016 2015 608, 823...

Exercise 13-3 Computing and interpreting common-size percents LO P1 2017 2019 2018 2016 2015 608, 823 $ 392, 789 $ 316, 765 $ 231, 215 $ Sales 176, 500 90, 015 12, 090 201, 922 22, 978 Cost of goods sold 312, 950 29, 589 165, 000 21, 730 119, 370 13, 549 Accounts receivable Compute trend percents for the above accounts, using 2015 as the base year. Trend Percent for Net Sales: I Choose Denominator: Choose Numerator: Analysis period...

Exercise 13-3 Computation and analysis of trend percents LO P1 Sales Cost of goods sold Accounts...

Exercise 13-3 Computation and analysis of trend percents LO P1 Sales Cost of goods sold Accounts receivable 2017 2016 2015 2014 2013 $ 671,646 $ 436,134 $ 353, 145 $ 237, 010 $ 173,000 324,840 210,944 172,710 115,565 83,040 32,642 25, 601 24,190 13,841 11,868 Compute trend percents for the above accounts, using 2013 as the base year. Trend Percent for Net Sales: 1 Choose Denominator: Choose Numerator: Sales 2017: 2016: 2015: 2014: Trend Percent for Cost of Goods Sold:...
Exercise 13-3 Computation and analysis of trend percents LO P1 Sales $443,487 $291,768 $235,297 $170,505 $126,300...

Exercise 13-3 Computation and analysis of trend percents LO P1 Sales $443,487 $291,768 $235,297 $170,505 $126,300 Compute trend percents for the above accounts, using 2013 as the base year. Exercise 13-3 Computation and analysis of trend percents LO P1 Sales Cost of goods sold Accounts receivable 2017 2016 2015 2014 2013 $ 443,487 $ 291,768 $ 235, 297 $ 170,505 $ 126, 300 233,163 153,319 125,704 90,413 65, 676 21,420 17,010 16,071 9,957 8,639 1:52:10 Compute trend percents for the...
Exercise 13-3 Computation and analysis of trend percents LO P1 2017 2016 2015 2014 2013 Sales...

Exercise 13-3 Computation and analysis of trend percents LO P1 2017 2016 2015 2014 2013 Sales $ 681,345 $ 448,253 $ 357,174 $ 260,711 $ 190,300 Cost of goods sold 356,849 234,742 188,830 137,020 98,956 Accounts receivable 33,113 26,223 24,538 15,199 12,978 Compute trend percents for the above accounts, using 2013 as the base year. Trend Percent for Net Sales: Choose Numerator: Choose Denominator 2017 2016 2015 2014 Trend Percent for Cost of Goods Sold: Chose numerator: Choose Denominator 2017...

Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 382,751 $ 255,167...

Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 382,751 $ 255,167 $ 210,014 $ 152,184 $ 111,900 197,703 131,885110,257 79,514 57,069 18,449 14,902 14,344 8,888 7,665 Compute trend percents for the above accounts, using 2015 as the base year. Choose Numerator: Trend Percent for Net Sales: 1 Choose Denominator: 1 Base year net sales Trend percent 2019: 2018: 2017: 2016: Choose Numerator: Trend Percent for Cost of Goods Sold: 1 Choose Denominator: / Base year...

Exercise 13-3 Computing and interpreting common-size percents LO P1 Sales Cost of goods sold Accounts receivable...

Homework Answers

Add Answer to:
Exercise 13-3 Computing and interpreting common-size percents LO P1 Sales Cost of goods sold Accounts receivable...

Post as a guest

Earn Coins

Exercise 13-3 Computing and interpreting common-size percents LO P1 Sales Cost of goods sold Accounts receivable...

Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable...

Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable...

Exercise 13-3 Computing and interpreting trend percents LO P1 Sales Cost of goods sold Accounts receivable...

Please help, this confuses me. Exercise 13-3 Computing and interpreting common-size percents LO P1 Sales Cost...

Exercise 13-3 Computing and interpreting common-size percents LO P1 2017 2019 2018 2016 2015 608, 823...

Exercise 13-3 Computation and analysis of trend percents LO P1 Sales Cost of goods sold Accounts...

Exercise 13-3 Computation and analysis of trend percents LO P1 Sales $443,487 $291,768 $235,297 $170,505 $126,300...

Exercise 13-3 Computation and analysis of trend percents LO P1 2017 2016 2015 2014 2013 Sales...

Sales Cost of goods sold Accounts receivable 2019 2018 2017 2016 2015 $ 382,751 $ 255,167...

Exercise 13-3 Computing and interpreting common-size percents LO P1 Sales Cost of goods sold Accounts receivable...

Homework Answers

Add Answer to: Exercise 13-3 Computing and interpreting common-size percents LO P1 Sales Cost of goods sold Accounts receivable...

Post as a guest

Earn Coins

Add Answer to:
Exercise 13-3 Computing and interpreting common-size percents LO P1 Sales Cost of goods sold Accounts receivable...