Compute index-number trend percents for the following accounts, using Year 1 as the base year. State whether the situation as revealed by the trends appears to be favorable or unfavorable
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Compute index-number trend percents for the following accounts, using Year 1 as the base year. State whether the situation as revealed by the trends appears to be favorable or unfavorable
| Year-5 | Year-4 | Year-3 | Year-2 | Year-1 | |
| Sales | $283,880 | $271,800 | $253,680 | $235,560 | $151,000 |
| Cost of Goods Sold | 129,200 | 123,080 | 116,280 | 107,440 | 68,000 |
| Accounts Receivable | 19,100 | 18,300 | 17,400 | 16,200 | 10,000 |
12 years ago
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