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nect Homework Saved Sales Cost of goods sold 2021 $ 78,000 60, 600 2020 $ 72,000 53,700 2019 $ 58,000 39,000 2018 $ 58,000 49,800

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nect Homework Saved Sales Cost of goods sold 2021 $ 78,000 60, 600 2020 $ 72,000 53,700 2019 $ 58,000 39,000 2018 $ 58,000 49,800 2017 $ 50,000 30,000 Dollar amounts stated are in thousands. a. Compute trend percentages for the above items taken from the financial statements of Lopez Plumbing over a five-year period Treat 2017 as the base year. b. State whether the trends are favorable or unfavorable. Complete this question by entering your answers in the tabs below. Required A Required B Compute trend percentages for the above items taken from the financial statements of Lopez Plumbing over a five-year period. Treat 2017 as the base year. (Round your answers to the nearest whole percent. L.e. 1.2345 as 123%.) 2021 2020 2019 2018 2017 Sales % % % % Cost of goods sold % % % % % % Required A Required B >

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