Problem 5Jill Corporation's sales, current assets, and current liabilities have been reportedas follows over the last five years (amounts in thousands):20192018201720162015P10,8002,626SalesP8,000P9,2002,220P9,600P8,640Current assets2,1812,2672,225Current liabilities475450350325250Required: Express all the sales, current assets, and current liabilities on trend index.Round your decimals up to 2 places.a. Use 2015 as your base year.b. Use 2019 as your base year.

Trend Index = Current Year / Base Year a)

Problem 5 Jill Corporation's sales, current assets, and current liabilities have been reported as follows over the last five years (amounts in thousands): 2019 2018 2017 2016 2015 Sales P10,800 P8,640 P8,000 P9,600 2,181 P9,200 Current assets 2,626 2,220 2,267 2,225 Current liabilities 475 450 350 325 250 Required: Express all the sales, current assets, and current liabilities on trend index. up to 2 places. Round your decimals a. Use 2015 as your base year. b. Use 2019 as your base year.

Problem 5 Jill Corporation's sales, current assets, and current liabilities have been reported as follows over the last five years (amounts in thousands): 2019 2018 2017 2016 2015 Sales P10,800 P8,640 P8,000 P9,600 2,181 P9,200 Current assets 2,626 2,220 2,267 2,225 Current liabilities 475 450 350 325 250 Required: Express all the sales, current assets, and current liabilities on trend index. up to 2 places. Round your decimals a. Use 2015 as your base year. b. Use 2019 as your base year.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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