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Exercise 17-3 (Algo) Computing and analyzing trend percents LO P1 2021 2020 2019 2018 2017 Sales $ 510,607 $ 331,563 $ 263,145 $ 192,780 $
Exercise 17-3 (Algo) Computing and analyzing trend percents LO P1 2021 2020 2019 2018 2017 Sales $ 510,607 $ 331,563 $ 263,145 $ 192,780 $ 142,800 Cost of goods sold 252,697 164,216 132,141 96,162 69,972 Accounts receivable 24,611 19,463 17,999 11,297 9,739 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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