3: Homework i 2 nts eeBook Hint Parint References Sales Cost of goods sold Accounts receivable Numerator: Analysis period net sales 2021 $ 692,620 341,884 33, 661 2021: LA 2020 $ 455,671 224,929 26,611 Compute trend percents for the above accounts, using 2017 as the base year. For each of the three accounts, state wh situation as revealed by the trend percents appears to be favorable or unfavorable. 2021: 692,620 2020: $ 455,671 2019: $ 376,588 / 2018: $ 266,140 / $ 2017: $ 190,100 / $ Is the trend percent for Net Sales favorable or unfavorable? Numerator: Analysis period cost of goods sold $ Trend Percent for Net Sales: 341,884 Base year net sales $ 2019 $ 376,588 187,878 25,834 69 69 Saved $ Denominator: Trend Percent for Cost of Goods Sold: 1 Denominator: J Base year cost of goods sold $ 2018 $ 266,140 131,559 15,569 11 M 190,100 = 190,100 = 190,100 = 190,100 = 190 100 = 2017 $ 190, 100 93,149 13,022 341,884 = Trend percent Favorable 364 % 240 % 198 % 140 % 100 % Trend percent 100 %

Compute trend percents for the above accounts, using 2017 as the base year. For each of the three accounts, state wh situation as revealed by the trend percents appears to be favorable or unfavorable