Solution-Compute index-number trend percents for the

Compute index-number trend percents for the following

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Reference no: EM13573544

Compute index-number trend percent"s for the following accounts, using Year 1 as the base year. State whether the situation as revealed by the trends appears to be favorable or unfavorable.

	Year 5	Year 4	Year 3	Year 2	Year 1
Sales	$283,880	$271,800	$253,680	$235,560	$151,000
Cost of goods sold	129,200	123080	116,280	107,440	68000
Accounts receivable	19,100	18,300	$17,400	16,200	10,000

Reference no: EM13573544

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Compute index-number trend percents for the following

Reference no: EM13573544

Reference no: EM13573544

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