Question
2019 2018 2017 2016 2015 Sales $ 442,210 $ 285,297 $ 222,021 $ 153,648 $ 116,400...
| 2019 | 2018 | 2017 | 2016 | 2015 | ||||||
| Sales | $ | 442,210 | $ | 285,297 | $ | 222,021 | $ | 153,648 | $ | 116,400 |
| Cost of goods sold | 223,505 | 144,349 | 114,161 | 78,174 | 58,200 | |||||
| Accounts receivable | 21,359 | 16,718 | 15,231 | 8,942 | 7,950 | |||||
Compute trend percents for the above accounts, using 2015 as the
base year.
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2017 2016 2015 2014 2013 Sales $ 517,662 $ 336,144 $ 275,528 $ 190,019 $ 138,700...
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$
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162,899
135,603
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base year.
Trend
Percent for Net Sales:
Choose Numerator:
/
Choose Denominator:
/
=
Sales
2017:
/
=
%
2016:
/
=
%
2015:
/
=
%
2014:
/
=
%
Trend
Percent for Cost of Goods...
2018 2017 2016 2015 2014 Sales $ 282,880 $ 270,800 $ 252,600 $ 234,560 $ 150,000...
2018
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2015
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282,880
$
270,800
$
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234,560
$
150,000
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128,200
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106,440
67,000
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16,400
15,200
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Computation and analysis of trend percents LO P1 2017 2016 2015 2014 2013 Sales $ 282,880...
Computation and analysis of trend percents LO P1
2017
2016
2015
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2013
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$
282,880
$
270,800
$
252,600
$
234,560
$
150,000
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128,200
122,080
115,280
106,440
67,000
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18,100
17,300
16,400
15,200
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Simon Company’s year-end balance sheets follow. At December 31 2017 2016 2015 Assets Cash $ 32,096...
Simon Company’s year-end balance sheets follow.
At December 31
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$
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89,700
62,100
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115,000
83,500
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4,256
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271,352
231,838
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538,608
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464,317
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2016
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$ 708,000
$ 644,000
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352,000
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2016
2017
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4349
5,234
7,937
11,651
18,457
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809
1,063
1,332
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436
683
705
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327
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635
379
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