Question: help please Exercise 13-3 (Algo) Computing and analyzing trend percents LO P1 2017 2021 2020 2019 2018 Sales 5 se5,436 $325, 205 $ 260,480 $

Exercise 13-3 (Algo) Computing and analyzing trend percents LO P1 2017 2021 2020 2019 2018 Sales 5 se5,436 $325, 205 $ 260,480 $ 179,824 $ 133, 606 Cost of roods sold 260,272 168,985 135,945 92,902 68,136 Accounts receivable 24,514 19,167 17,843 10,491 9,152 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 Denominator Numerator Trend percent 96 Cost of yods sold A Clear % 2021: 2020: 2019: 2018: 2011: is the trend percent for Net Sales favorable or unfavorable? % Trend Percent for cost of Goods Sold: Denominator: Numerator: Trend percent % % 11 = 96 2021: / 2020: 7 2019: 2018: 2017: Is the trend percent for Cost of Goods Sold favorable or unfavorable? BIE % % % Trend Percent for Accounts Receivable: Denominator: Numerator: Trend percent 1 = 2021: 2020: 2019: 2018: IL 11 % 98 % 2017: IL the trend percent for Accounts Receivable favorable or unfavorable
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