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2021 2020 2019 2018 2017 Sales $ 540,532 $ 357,968 $ 294.624 $ 211.200 $ 160,000 Cost of goods sold 267.461 177,154 147.616 104.938 78.400

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2021 2020 2019 2018 2017 Sales $ 540,532 $ 357,968 $ 294.624 $ 211.200 $ 160,000 Cost of goods sold 267.461 177,154 147.616 104.938 78.400 Accounts receivable 26,108 20,941 20,211 12.292 10,928 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: = Trend percent 2021: = 0 % 2020: 0 % 2019: 0 % 2018: 0 % 2017: 0 % Is the trend percent for Net Sales favorable or unfavorable? Trend Percent for Cost of Goods Sold: Numerator: Denominator: = Trend percent 2021: $ % 2020: 0% 2019: 0 % 2018: 0 % 2017: 0 % Is the trend percent for Cost of Goods Sold favorable or unfavorable? Trend Percent for Accounts Receivable: Numerator: Denominator: Trend percent 2021: 0 % 2020 0 % 2019: 0 % 2018: 0 % 2017: 0 % Is the trend percent for Accounts Receivable favorable or unfavorable

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