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.

$2$ o$15134$

Sales

Cost of goods sold

Accounts receivable

$

$2024$

$558,626$

$270,590$

$27,093$

$2023$

$ $367,517$

$178,158$

$21,463$

$2022$

$ $291,680$

$143,506$

$20,038$

$2021$

$ $195,104$

$95,300$

$11,433$

$2020$

$

$145,600$

$69,888$

$9,974$

Irend Percent for Net Sales:

Numerator:

Denominator:

$/$

Trend percent

$2024$:

$/$

$2023$:

$2022$:

$/$

$/$

$2021$:

$2020$:

Is the trend percent for Net Sales favourable or unfavourable?

$=$

$\%$

$\%$

$=$

$\%$

Trend Percent for Cost of Goods Sold:

Denominator:

Numerator:

Trend percent

$=$

$=$

$2024$:

$2023$:

$2022$:

$2021$:

$2020$:

Is the trend percent for Cost of Goods Sold favourable or unfavourable?

Droy

$22$of$26$

$\%$