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ompute trend percents for the following accounts using 2020 as the base year. For each of the three accounts, state whether the situation as revealed

ompute trend percents for the following accounts using 2020 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favourable or unfavourable.

2024 2023 2022 2021 2020
Sales $ 486,996 $ 324,664 $ 259,731 $ 177,898 $ 135,800
Cost of goods sold 241,178 160,885 130,518 88,670 66,542
Accounts receivable 23,668 18,960 17,740 10,425 9,289

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