2021 Sales Cost of goods sold Accounts receivable $ 511,377 253,075 24,904 2020 $ 332,063 164,361 19,392 2019 $ 259,424 130,518 17,719 2018 $ 177,688 88,267 10,430 2017 $ 133,600 65,464 9,178 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 1 Is the trend percent for Net Sales favorable or unfavorable? = Trend percent II % = % || = = || = % % % di di es 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: II = = = Trend percent 200 % % % do do = % = % Trend Percent for Accounts Receivable: Numerator: Denominator: = Trend percent = % % || = II % % do do