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21:23 Sales Cost of goods sold Accounts receivable 2021 $ 398,558 201,725 19,290 2020 $258,799 131,150 15,088 2019 $ 210,406 108,553 14,413 2018 $154,710

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21:23 Sales Cost of goods sold Accounts receivable 2021 $ 398,558 201,725 19,290 2020 $258,799 131,150 15,088 2019 $ 210,406 108,553 14,413 2018 $154,710 78,755 9,020 2017 $ 114,600 57,300 7,839 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: Is the trend percent for Not Sales favorable or unfavorable? 2021: 2020: 2019: 2018: 2017: Trend percent % % Trend Percent for Cost of Goods Sold Numerator Denominator Trend percent 1 Is the trend percent for Cost of Goods Sold favorable or unfavorable? %

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