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Sales Cost of goods sold Accounts receivable 2021 $ 748,565 376,683 36,380 2020 $ 492, 477 247,989 28,761 2019 384,748 195, 674 26,394 2018 $
Sales Cost of goods sold Accounts receivable 2021 $ 748,565 376,683 36,380 2020 $ 492, 477 247,989 28,761 2019 384,748 195, 674 26,394 2018 $ 274,820 139,360 15,995 2017 $ 196,300 98,150 13,427 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. Il Trend percent II Trend Percent for Net Sales: Numerator: Denominator: 1 2021: 1 2020: 1 2019: 1 2018: 1 2017: Is the trend percent for Net Sales favorable or unfavorable? % % = % % % Trend percent Trend Percent for Cost of Goods Sold: Numerator: Denominator: 1 2021: 1 2020: 1 2019: 1 2018: 1 2017: 1 Is the trend percent for Cost of Goods Sold favorable or unfavorable? % % II % % % II Trend percent 11 % Trend Percent for Accounts Receivable: Numerator: 1 Denominator: / 2021: 1 2020: 1 2019: 1 2018: / 2017: Is the trend percent for Accounts Receivable favorable or unfavorable? % % % II %
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