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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
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. 2024 2023 2022 2021 2020 Sales $ 546,466 $ 357,167 $ 284,595 $ 202,559 $ 152,300 Cost of goods sold 281,148 183,855 148,443 104,505 77,673 Accounts receivable 26,394 20,966 19,438 11,829 10,417
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