Compute trend percents for the following accounts using 2020 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favourable or unfavourable sales cost of goods sold Accounts receivable. 2024 2023 2022 2021 2020 2024 2023 Numerator: Numerator 2024 3463,414 234,107 22,522 Numerator E Trend Percent for Net Sales: ICA F 2023 $ 306,897 155,019 17,061 1 17 2022 $249,510 120,255 17,042 Trend Percent for Cost of Goods Sold Denominator Denominator 2022 2021 2020 is the trend percent for Cost of Goods Sold favurable or unavourat? A ( " Trend Percent for Accounts Receivable Denominator 2024 2023 2022 2021 2020 is the bend pertert to Accounts Receivable ferable or unfavourable 2021 $ 175,095 69,340 10,226 . 2020 $ 129,700 64,850 0,471 Trend percent Tiend percent Trend percent
Qw.02.
Compute trend percents for the following accounts using 2020 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favourable or unfavourable Sales Cost of goods sold
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