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2021 2020 2019 Sales Cost of goods sold Accounts receivable $ 475,751 240,376 22,979 $ 308,929 156,015 18,011 $ 249,136 128,018 17,016 2018 2017 $

2021 2020 2019 Sales Cost of goods sold Accounts receivable $ 475,751 240,376 22,979 $ 308,929 156,015 18,011 $ 249,136 128,018 17,016 2018 2017 $ 177,954 $ 133,800 90,377 10,357 66,900 9,152 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: Numerator: Trend Percent for Cost of Goods Sold: / 1 1 Denominator: Is the trend percent for Cost of Goods Sold favorable or unfavorable? 2021: 2020: 2019: 2018: 2017: Numerator: Trend Percent for Accounts Receivable: / 1 Denominator: Is the trend percent for Accounts Receivable favorable or unfavorable? Trend percent = % = % % % = Trend percent = % = = = = II = % % de do % Trend percent % % de de de do do

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