Sales Cost of goods sold Accounts receivable S Numerator: S 2021 $ 692,524 341,837 33,518 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. Numerator: Numerator: 2020 $ 455,608 224,898 26,744 1 1 692,524 / 455,608 / 1 1 1 2021: 2020: 2019: 2018: 2017: Is the trend percent for Net Sales favorable or unfavorable? Trend Percent for Net Sales: 2019 $363,034 180,987 24,832 $ 1 1 1 1 Denominator: Trend Percent for Cost of Goods Sold: 1 Denominator: 1 1 1 1 2021: 2020: 2019: 2018: 2017: 1 Is the trend percent for Cost of Goods Sold favorable or unfavorable? Trend Percent for Accounts Receivable: Denominator: 2018 $ 249,508 123,959 14,621 2021: 2020: 2019: 2018: 2017: 1 Is the trend percent for Accounts Receivable favorable or unfavorable? || 455,608 = = 11 11 11 11 I 1 IF BE 11 2017 $ 187,600 91,924 12,851 If Trend percent 152 % 0% 0 % 0 % 0% Trend percent 0 % 0% 0 % 0% 0% Trend percent 0% 0% 0% 0% 0%

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