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ok 2021 2020 2019 Sales Cost of goods sold Accounts receivable $ 495,400 $ 323,791 245,296 23,977 160,308 18,877 $ 266,495 133,683 18,255 2018

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ok 2021 2020 2019 Sales Cost of goods sold Accounts receivable $ 495,400 $ 323,791 245,296 23,977 160,308 18,877 $ 266,495 133,683 18,255 2018 $ 180,064 90,031 10,480 2017 $ 132,400 64,876 9,083 Compute trend percents for the above accounts, using 2017 as the base year. For each of the three accounts, state whethe situation as revealed by the trend percents appears to be favorable or unfavorable. 2021: 2020: 2019: 2018: Trend Percent for Net Sales: Numerator: Denominator: 1 2017: Is the trend percent for Net Sales favorable or unfavorable? 2021: 2020: 2019: 2018: 2017: Trend percent % % % % % Trend Percent for Cost of Goods Sold: Numerator: Denominator: Trend percent % / % = % % % Is the trend percent for Cost of Goods Sold favorable or unfavorable? 2021: 2020: 2019: 2018: 2017: Trend Percent for Accounts Receivable: Numerator: Denominator: Trend percent 1 % % % % % Is the trend percent for Accounts Receivable favorable or unfavorable?

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