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2021 Sales Cost of goods sold Accounts receivable $ 681,418 356,937 33,049 2020 $ 451,270 236,460 26,444 2019 $ 355,331 188,022 24,340 2018 $

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2021 Sales Cost of goods sold Accounts receivable $ 681,418 356,937 33,049 2020 $ 451,270 236,460 26,444 2019 $ 355,331 188,022 24,340 2018 $ 263,208 138,368 15,398 2017 $ 199,400 103,688 13,699 Compute trend percents for the above accounts, using 2017 as the base year. For each of the three accounts, state whether t 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: Is the trend percent for Net Sales favorable or unfavorable? 2021: 2020: 2019: 2018: Trend percent % % % % Trend Percent for Cost of Goods Sold: Numerator: Denominator: Trend percent % % 2017: Is the trend percent for Cost of Goods Sold favorable or unfavorable? Trend Percent for Accounts Receivable: 2021: 2020: 2019: 2018: 2017: Numerator: % de de de Denominator: Trend percent % Is the trend percent for Accounts Receivable favorable or unfavorable?

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