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2021 2020 2019 2018 2017 Sales Cost of goods sold Accounts receivable $ 649,028 320,574 31,348 $ 432,685 213,566 25,312 $ 360,571 180,080 24,771 $
2021 2020 2019 2018 2017 Sales Cost of goods sold Accounts receivable $ 649,028 320,574 31,348 $ 432,685 213,566 25,312 $ 360,571 180,080 24,771 $ 258,474 127,752 15,172 $ 187,300 91,777 12,849 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. 2021: 2020: 2019: 2018: 2017: Trend Percent for Net Sales: Numerator: Denominator: 1 Is the trend percent for Net Sales favorable or unfavorable? 2021: 2020: 2019: 2018: 2017: Trend percent % % % % % Trend Percent for Cost of Goods Sold: Numerator: Denominator: / Trend percent % % % 1 % % Is the trend percent for Cost of Goods Sold favorable or unfavorable? 2021: 2020: 2019: 2018: 2017: Trend Percent for Accounts Receivable: Numerator: Denominator: Trend percent % / % % % % Is the trend percent for Accounts Receivable favorable or unfavorable
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