Question: Using 2008 as the base year, prepare a trend analysis of the following data and tell whether the situation shown by the trends is favorable

Using 2008 as the base year, prepare a trend analysis of the following data and tell whether the situation shown by the trends is favorable or unfavorable. (Round your answers to one decimal place.)

2012 2011 2010 2009 2008 S50,040 S47,960 $48,400 S45,760 $44,000 34,440 30,800 31,080 29,40028,000 Nct sales Cost of goods sold General and administrative expenses10,560 10,36810,1769,792 9,600 Operating income 6,040 6,792 7,1446,568 6,400

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