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Sales Cost of goods sold Accounts receivable 2021 $680,066 2020 $441,601 335,732 32,779 218,134 25,745 2019 $ 360,491 180,141 24,658 2018 $ 245,232 121,214

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Sales Cost of goods sold Accounts receivable 2021 $680,066 2020 $441,601 335,732 32,779 218,134 25,745 2019 $ 360,491 180,141 24,658 2018 $ 245,232 121,214 2017 $ 187,200 91,728 14,322 12,786 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: Trend perc Is the trend percent for Net Sales favorable or unfavorable? 2021: 2020: 2019: 2018: Numerator: Trend Percent for Cost of Goods Sold: Denominator: Trend perc 2017: Is the trend percent for Cost of Goods Sold favorable or unfavorable? Trend Percent for Accounts Receivable: 2021: 2020: 2019: 2018: 2017: Numerator: / Denominator: = Trend perc Is the trend percent for Accounts Receivable favorable or unfavorable? = =

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