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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 $ 646,771 $ 419,981 $ 330,694 $ 232,883 $ 175,100 Cost of goods sold 338,771 220,090 175,311 122,149 91,052 Accounts receivable 31,174 24,527 22,719 13,624 11,994

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