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 |