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Sales Cost of goods sold 2021 $ 81,000 66.300 2020 $ 65,000 45,000 2019 $ 63,000 36,600 2018 $ 56,000 46,800 2017 $50,000 30,000 Dollar

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Sales Cost of goods sold 2021 $ 81,000 66.300 2020 $ 65,000 45,000 2019 $ 63,000 36,600 2018 $ 56,000 46,800 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 2018 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. I.e. 1.2345 as 123%) 2021 2020 2019 2017 Sales % Cost of goods sold % % HA Required) Sales Cost of goods sold 2021 $81,000 66,300 2020 $ 65,000 45,000 2019 $ 63,000 36,600 2018 $ 56,000 46,800 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 State whether the trends are favorable or unfavorable. Trends Sales Cost of goods sold Regled Favorable Unfavorable

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