2021 Sales Cost of goods sold Accounts receivable $ 456,021 225,900 22,163 2020 $ 300,014 148,607 17,551 2019 $ 248,974 125, 197 17,080 2018 $ 174,108 86,763 10,203 2017 $ 131,900 64,631 8,996 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 % Is the trend percent for Net Sales favorable or unfavorable? 2021: 2020: 2019. Trend Percent for Cost of Goods Sold: Numerator: Denominator: II II % % = % = % = Trend percent II % = % % 2021: 2020: 2019: 2018: 2017: / 1 Is the trend percent for Cost of Goods Sold favorable or unfavorable? 2021: 2020: 2019: 2018: 2017: II II Trend percent % % % % % Trend Percent for Accounts Receivable: Numerator: Denominator: = Trend percent = % / II % = % Is the trend percent for Accounts Receivable favorable or unfavorable? II II %