Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

2015 2014 2013 2012 2011 Sales Cost of goods Accounts 2 4 333,926 277,117 198,65

ID: 2545331 • Letter: 2

Question

2015 2014 2013 2012 2011 Sales Cost of goods Accounts 2 4 333,926 277,117 198,650 145,000 504,228 259,606 171,902 144,830 102,712 73,950 2 sold 24,505 19,501 19,038 11,601 9,889 receivable Compute trend percents for the above accounts, using 2011 as the base year. Trend Percent for Net Sales: Choose Numerator: Choose Denominator: Sales 2015: 2014: 2013: 2012 Trend Percent for Cost of Goods Sold: Choose Denominator Choose Numerator: Cost of goods 0 2015: 2014: 2013: 2012: 0 Trend Percent for Accounts Receivables: Choose Numerator: Choose Denominator: Accounts receivable 2015: 2014: 2013: 2012:

Explanation / Answer

Trend percent for sales :

Trend percent for cost of goods sold :

Trend percent for Account receivable

Choose numertor / Choose denominator = Sales Current year / Base year = Sales 2015 504228 / 145000 = 347.74% 2014 333926 / 145000 = 230.29% 2013 277117 / 145000 = 191.12% 2012 198650 / 145000 = 137%