Compute index-number trend percents 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

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Compute index-number trend percents 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-5Year-4Year-3Year-2Year-1
Sales$283,880 $271,800 $253,680 $235,560 $151,000
Cost of Goods Sold     129,200      123,080      116,280      107,440      68,000
Accounts Receivable        19,100         18,300         17,400         16,200      10,000
    • 12 years ago
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