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Exercise 13-3 Computing and interpreting common-size percents LO P1
2019 | 2018 | 2017 | 2016 | 2015 | ||||||
Sales | $ | 425,690 | $ | 274,639 | $ | 222,380 | $ | 150,257 | $ | 114,700 |
Cost of goods sold | 206,781 | 133,527 | 109,892 | 73,623 | 55,056 | |||||
Accounts receivable | 20,689 | 16,039 | 15,189 | 8,775 | 7,857 | |||||
Compute trend percents for the above accounts, using 2015 as the
base year.
2019 | 2018 | 2017 | 2016 | 2015 | |
Sales | 425,690 | 274,639 | 222,380 | 150,257 | 114,700 |
Cost of goods sold | 206,781 | 133,527 | 109,892 | 73,623 | 55,056 |
Accounts receivable | 20,689 | 16,039 | 15,189 | 8,775 | 7,857 |
Trend Percentages are as follows: | |||||
2019 | 2018 | 2017 | 2016 | 2015 | |
Sales | 371.13% | 239.44% | 193.88% | 131.00% | 100.00% |
Cost of goods sold | 375.58% | 242.53% | 199.60% | 133.72% | 100.00% |
Accounts receivable | 263.32% | 204.14% | 193.32% | 111.68% | 100.00% |
Item1 2.08points eBook Print References Check my workCheck My Work button is now enabled3 Item 1...
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