2021 2020 2019 2018 2017 Sales $ 715,693 $ 464,736 $ 373,282 $ 254,800 $ 182,080 Cost of goods sold 353,190 229,221 186,058 126,052 89, 180 Accounts receivable 34,496 27,187 25,607 14,906 12,449 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 % % 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: Trend percent 96 %6 % 90 2021 2020 2019 2018: 2017 Is the trend percent for Cost of Goods Sold favorable or unfavorable? Trend Percent for Accounts Receivable: Trend Percent for Cost of Goods Sold: Denominator: Numerator: 11 Trend percent 11 % %6 6 2021: 2020: 2019: % 11111111 2018: 96 96 2017: Is the trend percent for Cost of Goods Sold favorable or unfavorable? Trend Percent for Accounts Receivable: Denominator: Numerator: Trend percent 2021: % % 2020 % % % 2019: 2018 2017: Is the trend percent for Accounts Receivable favorable or unfavorable? 6 %6