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.

Sales

Cost of goods sold

Accounts receivable

$ $558,626$

$270,590$

$27,093$

$ $367,517$

$178,158$

$21,463$

$ $291,680$

$143,506$

$20,038$

$ $195,104$

$95,300$

$11,433$

$ $145,600$

$69,888$

$9,974$

Mmend Percem for Net Sales:

Numerator

Denominator:

Trend percent

$2024$:

$/$

$=$

$2023$:

$\%$

$\%$

$2022$:

$=$

$2021$:

$\%$

$2020$:

$\%$

Is the trend percent for Net Sales favourable or unfavourable?

Numerator:

Trerd Percent for Costof Goods Sold$$

Denominator:

$2024$:

$2023$:

$2022$:

$2021$:

$2020$:

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

$=$

$=$

$=$

$=$

Trend percent

$\%$

$\%$

$\%$

$\%$

$\%$