Exercise 13-3 (Algo) Computing and analyzing trend percents LO P1 Sales Cost of goods sold Accounts receivable 2021 $ 701,644 367,255 34,100 2020 $ 458,591 240,217 26,873. 2019 $ 359,679 190,133 24,674 2018 2017 $ 241,395 $ 181,500 127,225 14,122 94,380 12,451 Compute trend percents for the above accounts, using 2017 as the base year. For each of the three accounts, state whet situation as revealed by the trend percents appears to be favorable or unfavorable. 2021: 2020: 2019: 2018: 2017: Trend Percent for Net Sales: Numerator: Denominator: + Is the trend percent for Net Sales favorable or unfavorable? 2021: 2020: 2019: 2018: 2017: Trend percent 0% 0% 0% 0% 0% Trend Percent for Cost of Goods Sold: Numerator Denominator: Trend percent 0% 0% 0% 0% 0% Hut of Code Sold favorable or unfavorable? 18: 17: the trend percent for Net Sales favorable or unfavorable? 1: 0: 9: B: 0% 0% Trend Percent for Cost of Goods Sold: Numerator: Denominator: Trend percent 0% 0% = 0% 0% 0% e trend percent for Cost of Goods Sold favorable or unfavorable? Trend Percent for ecounts Receivable: Numerator: Denominator: trend percent for Accounts Receivable favorable or unfavorable? # Trend percent 0% 0% 0% 0% 0%