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2021 Sales Cost of goods sold $ 473,056 238,928 Accounts receivable 22,849 2020 $ 311,221 157,161 18,144 2019 $ 258,275 132,388 17,718 2018 $ 186,480

2021 Sales Cost of goods sold $ 473,056 238,928 Accounts receivable 22,849 2020 $ 311,221 157,161 18,144 2019 $ 258,275 132,388 17,718 2018 $ 186,480 94,840 10,909 2017 $ 133,200 66,600 9,084 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: = Trend percent % = % = % = % II % Is the trend percent for Net Sales favorable or unfavorable? 2021: 2020: 2019: 2018: 2017: Trend Percent for Cost of Goods Sold: Numerator: Denominator: Is the trend percent for Cost of Goods Sold favorable or unfavorable? 2021: 2020: 2019: 2018: 2017: Trend Percent for Accounts Receivable: Numerator: Denominator: Is the trend percent for Accounts Receivable favorable or unfavorable? = Trend percent = % = % % % do % Trend percent = % % do do II II % % de do do %

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