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Sales Cost of goods sold Accounts receivable 2021 $ 708,887 371,071 34,310 2020 $472,591 247,347 27,552 2019 $ 375,072 198,437 25,730 2018 $250,884 132,410

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Sales Cost of goods sold Accounts receivable 2021 $ 708,887 371,071 34,310 2020 $472,591 247,347 27,552 2019 $ 375,072 198,437 25,730 2018 $250,884 132,410 14,677 2017 $181,800 94,536 12,417 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? 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? Trend Percent for Accounts Receivable: 2021: 2020: 2019: 2018: 2017: Numerator: Denominator: Trend percent %

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