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2021 2020 Sales Cost of goods sold Accounts receivable $ 554,133 $ 369,422 268,534 178,923 26,931 2019 $288,611 21,537 141,583 19,741 2018 $197,679 96,736 11,505

2021 2020 Sales Cost of goods sold Accounts receivable $ 554,133 $ 369,422 268,534 178,923 26,931 2019 $288,611 21,537 141,583 19,741 2018 $197,679 96,736 11,505 2017 $150,900 72,432 10,367 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? Trend Percent for Cost of Goods Sold: 2021: 2020: 2019: 2018: Numerator: 1 Denominator: = = Trend percent % % % % % Trend percent % % % %1 S is even percent for vares voraure un uni 2021: 2020: 2019: 2018: Numerator: Trend Percent for Cost of Goods Sold: Denominator: 2017: Is the trend percent for Cost of Goods Sold favorable or unfavorable? 2021: 2020: 2019: 2018: 2017: = Trend percent = % % = % = % % Trend Percent for Accounts Receivable: Numerator: Denominator: = + Trend percent = % = % % % % Is the trend percent for Accounts Receivable favorable or unfavorable

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