Exercise 13-3 (Algo) Computing and analyzing trend percents LO P1 Sales Cost of goods sold Accounts receivable Numerator: 2021 $ 702,198 353,599 34,127 Numerator: 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. 2020 $ 455,973 229,737 26,583 1 / 1 1 Trend Percent for Net Sales: 2021: 2020: 2019: 2018: 2017: Is the trend percent for Net Sales favorable or unfavorable? 1 1 2019 2018 $ 367,720 $ 268,409 187,060 25, 115. 135,305 15,648 Denominator: Trend Percent for Cost of Goods Sold: Denominator: 1 2021: 1 2020: 1 2019: 1 2018: 1 2017: 1 Is the trend percent for Cost of Goods Sold favorable or unfavorable? |||||||||| = = || || = = = |||| = = 2017 $ 193,100 96,550 13,247 = Trend percent Trend percent % % % % % % % % % %

Exercise 13-3 (Algo) Computing and analyzing trend percents LO P1 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