2021	2020	2019	2018	2017
Sales	$ 282,880	$ 270,800	$ 252,600	$ 234,560	$ 150,000
Cost of goods sold	128,200	122,080	115,280	106,440	67,000
Accounts receivable	18,100	17,300	16,400	15,200	9,000

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:
	Numerator:	/	Denominator:
	Analysis period net sales	/	Base year net sales	=	Trend percent
2021:		/		=	0	%
2020:		/		=	0	%
2019:		/		=	0	%
2018:		/		=	0	%
2017:		/		=	0	%
Is the trend percent for Net Sales favorable or unfavorable?					Favorable
Trend Percent for Cost of Goods Sold:
	Numerator:	/	Denominator:
	Analysis period cost of goods sold	/	Base year cost of goods sold	=	Trend percent
2021:		/		=	0	%
2020:		/		=	0	%
2019:		/		=	0	%
2018:		/		=	0	%
2017:		/		=	0	%
Is the trend percent for Cost of Goods Sold favorable or unfavorable?					Unfavorable
Trend Percent for Accounts Receivable:
	Numerator:	/	Denominator:
	Analysis period accounts receivable	/	Base year accounts receivable	=	Trend percent
2021:		/		=	0	%
2020:		/		=	0	%
2019:		/		=	0	%
2018:		/		=	0	%
2017:		/		=	0	%
Is the trend percent for Accounts Receivable favorable or unfavorable?					Unfavorable