2021 Sales Cost of goods sold Accounts receivable $ 498,809 256,843 24,242 2020 $ 323,902 166,740 18,948 2019 $ 255,041 133,871 17,521 2018 $ 180,880 93,949 10,563 2017 $ 133,000 67,830 9,071 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: Denominator: Is the trend percent for Cost of Goods Sold favorable or unfavorable? Trend Percent for Accounts Receivable: Numerator: Denominator: 2021: 2020: 2019: 2018: 2017: 1 Is the trend percent for Accounts Receivable favorable or unfavorable? Trend percent = % = % % = % = % = Trend percent = % = % % = % = % = Trend percent = % = % = % = % = %