In: Accounting
2018 | 2017 | 2016 | 2015 | 2014 | ||||||
Sales | $ | 672,729 | $ | 434,019 | $ | 347,215 | $ | 242,808 | $ | 181,200 |
Cost of goods sold | 332,087 | 214,419 | 173,535 | 120,176 | 88,788 | |||||
Accounts receivable | 32,560 | 25,434 | 23,715 | 14,180 | 12,376 | |||||
Compute trend percents for the above accounts, using 2014 as the base year. (Round the percents to whole numbers.)
Solution :
Please find the attached screenshot of the excel sheet containing the detailed calculation for the solution.