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ces Sales Cost of goods sold Accounts receivable 2021 $ 551,032 278,016 26,725 2020 $357,813 180,707 20,860 2019 $ 282,856 144,878 19,319 2018 $194,403

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ces Sales Cost of goods sold Accounts receivable 2021 $ 551,032 278,016 26,725 2020 $357,813 180,707 20,860 2019 $ 282,856 144,878 19,319 2018 $194,403 98,652 11,334 2017 $141,900 70,950 9,749 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: Numerator: Trend Percent for Net Sales: Denominator: 2018: 2017: Is the trend percent for Net Sales favorable or unfavorable? 2021: 2020: 2019: 2018: 2017: Trend percent % % % % % Numerator: Trend Percent for Cost of Goods Sold: Denominator: Trend percent Is the trend percent for Cost of Goods Sold favorable or unfavorable? Trend Percent for Accounts Receivable: Numerator: 2021: 2020: 2019: 2018: 2017: % % % % Denominator: Trend percent % % % Is the trond percent for Accounts Receivable favorable or unfavorable?

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