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Compute trend percents for the following accounts, using 3 Years Ago as the base year. Indicate whether the trend appears to be favorable or

Compute trend percents for the following accounts, using 3 Years Ago as the base year. Indicate whether the trend appears to be favorable or unfavorable for each account. ($ in millions) Sales Cost of goods sold Current Year $500 400 1 Yr. Ago 2 Yrs. Ago $350 $250 175 100 3 Yrs. Ago $200 50

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