Business, 04.12.2020 17:20 genesis0523

20192018201720162015 Sales$656,856$432,142$358,624$243,1 35$180,100 Cost of goods sold 337,397 222,192 186,298 125,649 91,851 Accounts receivable 31,726 25,194 24,602 14,199 12,355 Compute trend percents for the above accounts, using 2015 as the base year.\

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Answer from: Luis2737

Trend Percent for Net Sales :

2016 = 135.00 %

2017 =199.00%

2018 = 239.9 %

2019 = 364.7 %

Trend Percent for Cost of goods sold :

2016 = 136.7 %

2017 = 202.8 %

2018 = 241.9 %

2019 = 367.33 %

Trend Percent for Accounts receivable :

2016 = 114.9 %

2017 = 199.00 %

2018 = 203.9 %

2019 = 256.7 %

Explanation:

2019 2018 2017 2016 2015

Sales $656,856 $432,142 $358,624 $243,135 $180,100

Cost of goods sold 337,397 222,192 186,298 125,649 91,851 Accounts receivable 31,726 25,194 24,602 14,199 12,355

Trend Percent for Net Sales :

2016 Current Year Sales/ Base year Sales = $243,135 /$180,100

= 135.00 %

2017 Current Year Sales/ Base year Sales = $358,624 /$180,100 = 199.00%

2018 Current Year Sales/ Base year Sales =$432,142 / $180,100

= 239.9 %

2019 Current Year Sales/ Base year Sales = $656,856 /$180,100

= 364.7 %

Trend Percent for Cost of goods sold :

2016 Current Year CGS/ Base year CGS = $125,649 /91,851 = 136.7 %

2017 Current Year CGS/ Base year CGS = $ 186,298 /91,851 = 202.8 %

2018 Current Year CGS/ Base year CGS =$ 222,192/ 91,851 = 241.9 %

2019 Current Year CGS/ Base year CGS= $337,397 /91,851 = 367.33 %

Trend Percent for Accounts receivable :

2016 Current Year A/R/ Base year A/R = $14,199 /12,355 = 114.9 %

2017 Current Year A/R/ Base year A/R= $ 24,602 /12,355= 199.00 %

2018 Current Year A/R/ Base year A/R=$ 25,194 / 12,355 = 203.9 %

2019 Current Year A/R/ Base year A/R = $31,726 /12,355 = 256.7 %

Answer from: Quest

1 all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

Answer from: Quest

the correct answer is d. wealthy colonists to take care of the less fortunate. hope this

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20192018201720162015 Sales$656,856$432,142$358,624$243,1 35$180,100 Cost of goods sold 337,397 222,1...