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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 $ 419,029 $ 272,097 $ 221,217 $ 149,471 $ 114,100 Cost of goods sold 220,395 143,240 118,333 79,175 59,332 Accounts receivable 20,323 15,863 15,175 8,699 7,782

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