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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 $ 634,107 $ 411,758 $ 333,407 $ 237,300 $ 169,500 Cost of goods sold 313,112 203,461 166,419 117,777 83,055 Accounts receivable 30,818 24,047 22,905 13,882 11,611
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