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You have the following information on prior year results: Prior year 2 0 , 9 0 0 - Sales 1 1 , 5 0 0

You have the following information on prior year results:
Prior year
20,900- Sales
11,500- COGS
10,100- Other Oper. Exp
2 Years prior
20,000- Sales
11,100- COGS
9,200- Other Oper. Exp
3 yrs prior
18,800- Sales
10,000- COGS
8,900- Other Oper. Exp
Using current year information as well as prior years, what does trend analysis tell you about the firms performance?

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