2021 Sales Cost of goods sold Accounts receivable $ 429,388 217,194 20,739 2020 $ 282,492 142,746...

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2021 Sales Cost of goods sold Accounts receivable $ 429,388 217,194 20,739 2020 $ 282,492 142,746 16,526 2019 $ 223,314 114,807 15,275 2018 $ 160,082 81,091 9,381 2017 $ 122,200 61,100 8,371 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. 2021: 2020: 2019: 2018: 2017: Trend Percent for Net Sales: Numerator: 1 Denominator: 1 1 Is the trend percent for Net Sales favorable or unfavorable? Trend percent % % % % % 2021 Sales Cost of goods sold Accounts receivable $ 429,388 217,194 20,739 2020 $ 282,492 142,746 16,526 2019 $ 223,314 114,807 15,275 2018 $ 160,082 81,091 9,381 2017 $ 122,200 61,100 8,371 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. 2021: 2020: 2019: 2018: 2017: Trend Percent for Net Sales: Numerator: 1 Denominator: 1 1 Is the trend percent for Net Sales favorable or unfavorable? Trend percent % % % % %