help 2021 2020 2019 2018 2017 Sales $ 454,905 $...
90.2K
Verified Solution
Link Copied!
Question
Accounting
help
2021 2020 2019 2018 2017 Sales $ 454,905 $ 295,393 5 243,122 $ 167,670 $ 121,500 Cost of goods sold 234,602 152,400 127.242 87,112 61,965 Accounts receivable 21,972 17,192 16,605 9,809 8.298 Compute trend percents for the above accounts, using 2017 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favorable or unfavorable. Numerator: Trend Percent for Not Sales: Denominator: 2021: 1 2020: 1 2019: 1 2018: 2017: Is the trend percent for Net Sales favorable or unfavorable? Trend percent 0 % OS 0 % OS 0% Trond Percent for Cost of Goods Sold: Numerator: 1 Denominator: 1 2021: / 2020: 2019: 2018: 1 2017: 1 Is the trend percent for Cost of Goods Sold favorable or unfavorable? Trend percent O 0 % 0 % 0 0 % Trend Percent for Accounts Receivable: Denominator: Numerator: 2021 2020 2019: 2018: 2017: Is the trend percent for Accounts Receivable favorable or unfavorable? Trend percent OS OS OS
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
