Exercise 17-3 (Algo) Computing and analyzing trend percents LO P1 Sales 2021 $406,492 2020 $263,956 2019 $212,013 2018 Cost of goods sold Accounts receivable 209,861 19,634 136,368 15,468 111,427 14,565 2017 $147,231 $ 110,700 76,338 8,590 56,457 7,550 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: Answer is not complete. Trend Percent for Net Sales: Numerator: Denominator Trend percent 0 % 0 % % % 0 % Favorable Is the trend percent for Net Sales favorable or unfavorable? Trend Percent for Cost of Goods Sold: Return to question