Computation of trend analysis for analysis financial

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Reference no: EM13356640

Computation of trend analysis for analysis financial statement.

The purpose of this assignment is to compute a trend analysis and interpret the results. The following sales and accounts receivable information 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, prepare a trend analysis on the above data and tell whether the results suggest a favorable or unfavorable trend and why. You may round your answer to one decimal point in making your analysis.

Reference no: EM13356640

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