Question: Using 2011 as the base year, prepare a trend analysis for the following data and tell whether the results suggest a favorable or unfavorable trend.

Using 2011 as the base year, prepare a trend analysis for the following data and tell whether the results suggest a favorable or unfavorable trend. (Round your answers to one decimal place.)

2012 $316,000 S272,000 224,000 2013 2011 Net sales Accounts receivable (net) 86,000 64,00042,000

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