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Exercise 13-3 (Static) Computing and analyzing trend percents LO P1 Compute trend percents for the above accounts, using 2017 as the base year. For each

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Exercise 13-3 (Static) Computing and analyzing trend percents LO P1 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. is the trend percent for Net Sales favorable or unfavorable? Trend Percent for Cost of Goods Sold: Is the trend percent for Cost of Goods Sold favorable or unfavorable

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