please solve complaints and send First: The following items were...
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Accounting
please solve complaints and send 
First: The following items were taken from the financial statements of Ritz, Inc., over a four-year period: Item Y4 Y3 Y2 Y1 Net Sales 750,000 650,000 600,000 500,000 Cost of Goods Sold 540,000 460,000 420,000 400,000 Gross Profit 210.000 190.000 180.000 100.000 Instructions Using horizontal analysis and Y1 as the base year, compute the trend percentages for net sales, cost of goods sold, and gross profit. Explain whether the trends are favorable or unfavorable for each item
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