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Sales Cost of goods sold Accounts receivable 2021 $ 537,922 276,890 26,089 2020 $349,300 179,793 20,469 2019 $ 277,222 144,383 18,990 2018 $ 189,878 98,2881
Sales Cost of goods sold Accounts receivable 2021 $ 537,922 276,890 26,089 2020 $349,300 179,793 20,469 2019 $ 277,222 144,383 18,990 2018 $ 189,878 98,2881 11,127 2017 $141,700 72,267 9,692 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. 2021: 2020: 2019: 2018: 2017: Trend Percent for Net Sales: Numerator: Denominator: Is the trend percent for Net Sales favorable or unfavorable? Numerator: Trend Percent for Cost of Goods Sold: Denominator: Trend percent = % % % % % 2021: 2020: 2019: 2018: Numerator: Trend Percent for Cost of Goods Sold: / Denominator: 2017: Is the trend percent for Cost of Goods Sold favorable or unfavorable? 2021: 2020: 2019: 2018: 2017: = Trend percent ge = % = % % de de % Trend Percent for Accounts Receivable: Numerator: Denominator: Trend percent % 1 % % % % Is the trend percent for Accounts Receivable favorable or unfavorable
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