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Sales Cost of goods sold Accounts receivable 2021 $ 449,348 227,120 21,748 2020 $ 297,576...

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Sales Cost of goods sold Accounts receivable 2021 $ 449,348 227,120 21,748 2020 $ 297,576 158,338 17,349 2019 $ 233,393 120, 147 16,011 2018 $ 179,984 86,992 10,020 2017 $ 127,680 63,800 8,792 Compute trend percents for the above accounts, using 2017 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favorable or unfavorable Trend Percent for Net Sales: Denominator: Numerator: Trend percent % 2021: 2020: 1 2019: 1 2018: 2017: Is the trend percent for Net Sales favorable or unfavorable? % % % Trend Percent for Cost of Goods Sold: Denominator: Numerator: Trend percent 2021: % 2020: 2019: 2018: 2017: Is the trend percent for Cost of Goods Sold favorable or unfavorable? Trend Persent for Accounts Receivables Denominator Numerator: Trend percent 2021 2020: 2019: 2018: 2017: In the trend percent for Accounts Receivable favorable or unfavorable

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