Question: The below data is extracted from the Income Statement and Balance Sheet of Company A for 2018-2021. All in KWD 2018 2019 2020 2021 Sales

 The below data is extracted from the Income Statement and Balance

The below data is extracted from the Income Statement and Balance Sheet of Company A for 2018-2021. All in KWD 2018 2019 2020 2021 Sales 240,000 237,600 235,200 232,800 COGS 160,000 161,600 163,200 164,800 80,000 79,200 77,600 76,800 Accounts Receivable Considering 2018 is the base year, enter the trend percentages for each item over the years. And, indicate whether the trend is Favorable or Unfavorable for each item. (30 pts, 2 pts each) Sales COGS Accounts Receivable 2018 2019 2020 2021 Trend is Favorable or Unfavorable

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