Question: Using 2009 as the base year, prepare a trend analysis for the following data, and tell whether the results suggest a favorable or unfavorable trend.

Using 2009 as the base year, prepare a trend analysis for the following data, and tell whether the results suggest a favorable or unfavorable trend. (Round your answers to one decimal place.)

Net sales Accounts receivable (net) 2011 $158,000 2010 $136,000 2009 $112,000 43,000

Net sales Accounts receivable (net) 2011 $158,000 2010 $136,000 2009 $112,000 43,000 32,000 21,000

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