The following table shows data for Tommy Bourke Health Centre for the past 5 years ending the 31 December 2020 2020 2019 2018 2017 2016 Net $19,500 $17,400 $18,200 $16,500 $14,900 Sales COGS 9,500 10,300 9,500 8,900 8,000 Inventory 13,00 12,200 8,700 9,500 9,300 Net A/R 7,500 6,800 7,200 7,000 6,500 Assume 2016 is the base year. What is the trend % in Net Accounts Receivable in 2018? Select one: O a. 104.62 O b. 107.69 c. 110.77 O d. 100
The following table shows data for Tommy Bourke Health Centre for the past 5 years ending the 31 December 2020 2020 2019 2018 2017 2016 Net $19,500 $17,400 $18,200 $16,500 $14,900 Sales COGS 9,500 10,300 9,500 8,900 8,000 Inventory 13,00 12,200 8,700 9,500 9,300 Net A/R 7,500 6,800 7,200 7,000 6,500 Assume 2016 is the base year. What is the trend % in Net Accounts Receivable in 2018? Select one: O a. 104.62 O b. 107.69 c. 110.77 O d. 100
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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