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2019 2018 2017 2016 2015 Sales $ 678,824 $ 440,795 $ 347,083 $ 246,158 $ 183,700 Cost of goods sold 335,074 217,740 173,121 122,317 90,013 Accounts receivable 32,991 25,742 23,740 14,400 12,565  Compute trend percents for the above accounts, using 2015 as the base year

Management May 08, 2021

2019 2018 2017 2016 2015 Sales $ 678,824 $ 440,795 $ 347,083 $ 246,158 $ 183,700 Cost of goods sold 335,074 217,740 173,121 122,317 90,013 Accounts receivable 32,991 25,742 23,740 14,400 12,565 
Compute trend percents for the above accounts, using 2015 as the base year. 
lir Trend Percent for Net Sales: Choose Numerator: Choose Denominator: / = Trend percent 2019: " / ' = 2018: " / ' = % 2017:' / ' = 2016:' I' = Trend Percent for Cost of Goods S''' Choose Ntitherator: / Choose Denominat = Trend percent 2019: " • = 2018: "= 2017: ' • = 2016: " • = % Trend Percent for Accounts Receivables: M Choose Numerator: / Choose Denominator: / ' = Trend percent 2019:' /' = 2018:' / ' = 2017: ' / ' = 2016: ' I ' = % 

Expert Solution

1. Trend Percent for Net Sales          
           
  Choose Numerator / Choose Denominator = Trend Percent
  Analysis Period Net Sales / Base Year Net Sales = Trend Percent
2019 678824 / $183,700  = 369.5%
2018 440795 / $183,700  = 240.0%
2017 347,083 / $183,700  = 188.9%
2016 246158 / $183,700  = 134.0%
2015 183700 / $183,700  = 100.0%
           
2 Trend Percent For Cost of Goods Sold:          
           
  Choose Numerator / Choose Denominator = Trend Percent
  Analysis Period Cost / Base Year Cost of Goods Sold = Trend Percent
2019 $335,074  / 90013 = 372.25%
2018 $217,740  / 90013 = 241.90%
2017 $173,121  / 90013 = 192.33%
2016 $122,317  / 90013 = 135.89%
2015 $90,013  / 90013 = 100.00%
           
3 Trend Percent for Accounts Receivable:          
           
  Choose Numerator / Choose Denominator = Trend Percent
  Analysis Period Accounts Receivable / Base Year Accounts Receivable = Trend Percent
2019 32991 / 12565 = 262.56%
2018 25742 / 12565 = 204.87%
2017 23740 / 12565 = 188.94%
2016 14400 / 12565 = 114.60%
2015 12565 / 12565 = 100.00%
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