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2. Compute trend percents for the following accounts, using 20X1 as the base year (round percents to whole numbers). State whether the situation as revealed

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2. Compute trend percents for the following accounts, using 20X1 as the base year (round percents to whole numbers). State whether the situation as revealed by the trends appears to be favorable or unfavorable for each account (s in millions) 20X4 20x3 20X2 20X1 Sales $500 $350 $250 $200 Cost of goods sold 400 175 100 50 Sales trend percents 250% 175% 125% $500/$200 $350/$200 $250/$200 $200/$200 Cost of goods sold trend percents 800% 350% 200% 100% $400/$50 $175/$50 $100/$50 $50/$50 100% and give your reasonable opinion. (20)

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