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Managerial Accounting 1B - Financial and Managerial Accounting- Ch13

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Question;Managerial Accounting 1BFinancial and Managerial AccountingChapter 13Exercise 13-3 Computation and analysis of trend percents L.O. P1 20132012201120102009 Sales$ 283,880 $ 271,800 $ 253,680 $ 235,560 $ 151,000 Cost of goods sold129,200 123,080 116,280 107,440 68,000 Accounts receivable19,100 18,300 17,400 16,200 10,000 Compute trend percents for the above accounts, using 2009 as the base year. (Omit the "%" sign in your response.)Exercise 13-7 Common-size percents L.O. P2Sanderson Company?s year-end balance sheets follow. At December 31 2012 2011 2010 Assets Cash $30,800 $35,625 $36,800 Accounts receivable, net 88,500 62,500 49,200 Merchandise inventory 111,500 82,500 53,000 Prepaid expenses 9,700 9,375 4,000 Plant assets, net 277,500 255,000 229,500 Total assets $518,000 $445,000 $372,500

 

Paper#45531 | Written in 18-Jul-2015

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