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 2024 $ 472,648 243,600 22,829 2023 $ 306,914 158,176 17,924 2022 $ 247,511 129,581 17,004 2021 $ 175,540 91,125 10,287 2020 $ 134,000 68,340 9,206 2024: 2023: 2022: 2021: 2020: Numerator: Trend Percent for Net Sales: Is the trend percent for Net Sales favourable or unfavourable? Denominator: == Trend percent 90 96 % 90 % % 90 % 2021: 2020: Is the trend percent for Net Sales favourable or unfavourable? 2024: 2023: 2022: 2021: 2020: Trend Percent for Cost of Goods Sold: Numerator: Denominator: 1 / Is the trend percent for Cost of Goods Sold favourable or unfavourable? Numerator: || 90 % = Trend percent == % == % = 96 % + % % Denominator: Trand ---- Trend Percent for Accounts Receivable: 2024: 2023: 2022: 2021: 2020: Numerator: Trend Percent for Accounts Receivable: / 1 1 1 / Denominator: Is the trend percent for Accounts Receivable favourable or unfavourable? + = Trend percent = % = % == % = % == %