Question
1 Sales Cost of goods sold 259,433 136, 772 Accounts receivable 513,866 24,871 2020 s 333,679 168 , 440 19,487 S 266,943 18,232 99,903 11,505
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Sales Cost of goods sold 259,433 136, 772 Accounts receivable 513,866 24,871 2020 s 333,679 168 , 440 19,487 S 266,943 18,232 99,903 11,505 2017 143,8e 71, 9,836 Compute trend percents for the above accounts, using 2017 es 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. d Percent for Net Sa Trend percent 2021: 2019: 2018: 2017: Is the trend percent for Net Sales favorable or unfavorable? Trend Percent for Cost of Goods Sold: Trend percent 2021: 2019: 2018: 2017: Is the trend percent for Cost of Goods Sold favorable or unfavorable? Trend Percent for Accounts Receivable: Denominator: Trend percent 2021: 2019: 2018: 2017: Is the trend percent for Accounts Receivable favorable or unfavorable?
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