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: 2023: 2022: 2021: 2020: Numerator: 2024 $439,157 2023 $285,167 2022 $221,920 222,029 21,211 144,334 16,711 114,010 15,224 2021 $149,946 76,823 8,742 2020 $111,900 55,950 7,676 Trend Percent for Net Sales: 1 Is the trend percent for Net Sales favourable or unfavourable? Denominator: = Trend percent % % % % % 2024: 2023: 2022: 2021: Numerator: Trend Percent for Cost of Goods Sold: Denominator: 2020: Is the trend percent for Cost of Goods Sold favourable or unfavourable? 2024: 2023: 2022: 2021: 2020: Trend percent gee % % Trend Percent for Accounts Receivable: Numerator: Denominator: Trend percent % Is the trend percent for Accounts Receivable favourable or unfavourable? % % % at a