Question: Using 2012 as the base year, prepare a trend analysis for the data that follow, and tell whether the results suggest a favorable or unfavorable

Using 2012 as the base year, prepare a trend analysis for the data that follow, and tell whether the results suggest a favorable or unfavorable trend. (Round to one decimal place.)

______________    _______________          _2014                2013                2012

Net sales………………………….           $316,000……..$272,000…….$224,000

Accounts receivable (net)…………...86,000………..   64,000………  42,000

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