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2021 2020 2019 2018 2017 Sales $ 473,320 $ 311,395 $ 258,419 $ 189,318 $ 136,200 Cost of goods sold 239,210 157,448 132,410 95,959 68,100

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2021 2020 2019 2018 2017 Sales $ 473,320 $ 311,395 $ 258,419 $ 189,318 $ 136,200 Cost of goods sold 239,210 157,448 132,410 95,959 68,100 Accounts receivable 22,909 18,154 17,676 11,018 9,32 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: Trond percent 96 2021 2020: 2019: 2018: 2017: Is the trend percent for Net Sales favorable or unfavorable? Trend Percent for Cost of Goods Sold: Denominator: Numerator: Trond percent Trend Percent for Cost of Goods Sold: Denominator: Numerator: Trend percent 96 % % 2021: 2020: 1 2019: 1 2018: 2017: Is the trend percent for Cost of Goods Sold favorable or unfavorable? = = = % % Trend Percent for Accounts Receivable: Denominator: Numerator: Inces Trend percent % / 2021: - % 2020: 1 2019: % % % % 2018: 2017: Ir the trendi nerrent for Accounts Receivable favorable or unfavorable

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