Check my work Exercise 13-3 (Algo) Computing and analyzing trend percents LO P1 2021 Sales Cost of goods sold Accounts receivable. $ 671,945 338,423 32,455 2020. $ 444,997 224,199 26,077 2019 $ 351,776 178,930 24,097 2018 $242,604 122,902 14,192 2017 $ 175,800 87,900 12,025 Compute trend percents for the above accounts, using 2017 Is 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: Numerator: Trend Percent for Net Sales: Denominator: Is the trend percent for Net Sales favorable or unfavorable? Trend percent % % = % % Trend Percent for Cost of Goods Sold: Prev 1 of 1 Next N > 1 Numerator: Trend Percent for Cost of Goods Sold Denominator Trend percent mts 2021: 7 2020: 2019: eBook 2018: Hint 2017: Ask Print oferences Is the trend percent for Cost of Goods Sold favorable or unfavorable? Trend Percent for Accounts Receivable 2021: 2020: 2019: 2018: 2017: Numerator: 1 ' 7 Denominator Trend percent % % % % Is the trend percent for Accounts Receivable favorable or unfavorable? Check my work