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2021 2020 2019 2018 2017 Sales $ 650,310 $ 422,279 $ 331,199 $ 231,608 $ 170,300 Cost of goods sold 327,555 212,740 169,050 117,154 85,150

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2021 2020 2019 2018 2017 Sales $ 650,310 $ 422,279 $ 331,199 $ 231,608 $ 170,300 Cost of goods sold 327,555 212,740 169,050 117,154 85,150 Accounts receivable 31,605 24,746 22,654 13,572 11,700 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: Trend percent % 2021: 2020: 2019: 2018: 2017: Is the trend percent for Not Sales favorable or unfavorable? RRRR % % Numerator: Trend Percent for Cost of Goods Sold: Denominator: Trend percent 2021 2020: 1 2019: 2018: 2017: is the trend percent for Cost of Goods Sold favorable or unfavorable? Trend Percent for Accounts Recolvable: Denominator: Numerator: 1 Trend percent 2021: 2020: 2019: 2018: 2017: Is the trend percent for Accounts Receivable favorable or unfavorable? % % % + % %

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