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 Sales Cost of goods sold Accounts receivable $ 683,524 351,097 33,151 $ 452,665 232,509 26,436 2022 $ 372,564 193,058 25,446 2021 2020 $ 248,376 $ 189,600 128,072 14,480 96,696 12,988 2024: 2023: 2022: 2021: 2020: Numerator: Trend Percent for Net Sales: Is the trend percent for Net Sales favourable or unfavourable? Denominator: Trend percent % % % % % 2024: 2023: 2022: 2021: 2020: Numerator: Trend Percent for Cost of Goods Sold: 1 1 Denominator: Is the trend percent for Cost of Goods Sold favourable or unfavourable? Numerator: Trend Percent for Accounts Receivable: Denominator: = Trend percent % % % % % 1 Trend percent 2024: = % % 2023: 1 = % 2022: % 2021: = % 2020: Is the trend percent for Accounts Receivable favourable or unfavourable? eck my wor