22 12 points Mc 00:48:22 Compute trend percents for the following accounts using 2020 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favourable or unfavourable Sales Cost of goods sold Accounts receivable Numerator: 2024 $ 463,414 234,107 22,522 Numerator: 2023 $ 306,897 155,099 17,861 1 7 1 1 1 T Trend Percent for Net Sales: 2024: 2023: 2022: 2021: 2020: Is the trend percent for Net Sales favourable or unfavourable? 2022 $ 249,510 128, 255 17,042 Denominator: Trend Percent for Cost of Goods Sold; 1 Denominator: 1 1 1 1 1 2024: 2023: 2022: 2021: 2020: Is the trend percent for Cost of Goods Sold favourable or unfavourable? 2021 $ 175,095 89,348 10,226 = = 2020 $ 129,700 64 850 8,871 Trend percent Trend percent % % % % % % % % % %

Compute trend percents for the following occounts using 2020 as the bose year for each of the three accounts, state whother the situstion es revealed by the tread percents appears to be favourable or unfavourable