5 Exercise 17-3 (Algo) Computing and analyzing trend percents LO P1 Sales Cost of goods sold Accounts receivable Numerator: 2021: 2020: 2021 $ 580,765 298,590 28,283 Numerator: 2020 $ 377,120 193,981 22,137 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. 1 1 1 1 1 1 2021: 2020: 2019: 2018: 2017: Is the trend percent for Net Sales favorable or unfavorable? 2019 $ 307,853 160, 105 20,996 Trend Percent for Net Sales: Denominator: 2018 $216,798 112,267 12,683 Trend Percent for Cost of Goods Sold: 1 Denominator: 1 1 1 = 2017 $ 157,100 80,121 10,746 H Trend percent Trend percent % % % % % % %

Exercise 17.3 (Algo) Computing and analyzing trend percents LO P1 Compute trend percents fot 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