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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.

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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%

A 2 3 4 Sales Cost of goods sold Accounts receivable B C D E F 2019 2018 2017 2016 2015 1425690 274639 1222380 150257 (114700

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