2021 2020 2019 2018 $ 237, 804 124,808 2017 $ 671,445 351,601 32,431 $ 433,190 $...

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2021 2020 2019 2018 $ 237, 804 124,808 2017 $ 671,445 351,601 32,431 $ 433,190 $ 350,761 185,646 24,097 Sales Cost of goods sold Accounts receivable 226,859 25,255 $ 178, 800 92,976 12,248 13,959 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. Trend Percent for Net Sales: Numerator: Denominator: Trend percent 2021: %3D 2020: %3! 2019: % 2018: % 2017: Is the trend percent for Net Sales favorable or unfavorable? Trend Percent for Cost of Goods Sold: Numerator: Denominator: Trend percent 2021: 2020: 2019: %3D % 2018: 2017: Is the trend percent for Cost of Goods Sold favorable or unfavorable? % % Trend Percent for Accounts Receivable: Numerator: Denominator: Trend percent 2021: 2020: % 2019: % 2018: % %3D 2017: Is the trend percent for Accounts Receivable favorable or unfavorable? 2021 2020 2019 2018 $ 237, 804 124,808 2017 $ 671,445 351,601 32,431 $ 433,190 $ 350,761 185,646 24,097 Sales Cost of goods sold Accounts receivable 226,859 25,255 $ 178, 800 92,976 12,248 13,959 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. Trend Percent for Net Sales: Numerator: Denominator: Trend percent 2021: %3D 2020: %3! 2019: % 2018: % 2017: Is the trend percent for Net Sales favorable or unfavorable? Trend Percent for Cost of Goods Sold: Numerator: Denominator: Trend percent 2021: 2020: 2019: %3D % 2018: 2017: Is the trend percent for Cost of Goods Sold favorable or unfavorable? % % Trend Percent for Accounts Receivable: Numerator: Denominator: Trend percent 2021: 2020: % 2019: % 2018: % %3D 2017: Is the trend percent for Accounts Receivable favorable or unfavorable?

Answer rating: 100% (QA)

Trend percent for net sales Choose Numerator Choose Denominator Analysis period ne... View the full answer