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Exercise 13-3 (Algo) Computing and analyzing trend percents LO P1 2021 2020 2019 2018 2017 Sales $ 488,346 $ 321,280 $ 251,984 $ 172,003 $

Exercise 13-3 (Algo) Computing and analyzing trend percents LO P1 2021 2020 2019 2018 2017 Sales $ 488,346 $ 321,280 $ 251,984 $ 172,003 $ 131,300 Cost of goods sold 236,956 155,914 124,402 84,461 63,024 Accounts receivable 23,734 18,795 17,261 10,011 8,955 Compute trend percents for the above accounts, using 2017 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favorable or unfavorable

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