Question: Calculate trend percentages for the following items using 2010 as the base year. Then, state whether the situation shown by the trends appears to be

Calculate trend percentages for the following items using 2010 as the base year. Then, state whether the situation shown by the trends appears to be favourable orunfavorable.

2014 2013 2012 2011 2010 Sales$377,600 Cost of goods sold.... Accounts receivable. $362,400 338,240 314,080 $302,000 172,720 164,560 155,040 142,800 136,000 25,400 24,400 23,200 21,600 20,000

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