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problem: find out a trend analysis and interpret the results. The following sales & accounts receivable data is available for the Partridge Pear Tree Company.

 

2005

2006

2007

Net Sales

$112,000

$136,000

$158,000

Accounts Receivable (net)

$21,000

$32,000

$43,000

Using 2005 as the base year, make a trend analysis on the above data & tell whether the results suggest a favorable or unfavorable trend and why. You may round answer to one decimal point in developing your analysis.

 

 

 

Cost Accounting, Accounting

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  • Reference No.:- M922694

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