(Solved): Compute trend percents for the following accounts using 2020 as the base year. For each of the three ...

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. \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Trend Percent for Cest of Goods Sold: } \\ \hline & Numerator: & 1 & Denominator: & & & \\ \hline & & 1 & F & $=$ & \multicolumn{2}{|l|}{ Trend percent } \\ \hline 2024: & & 1 & 5 & $=$ & & $\%$ \\ \hline 2023: & & 1 & & $=$ & & $\%$ \\ \hline 2022: & & 1 & 8 & $=$ & & $\%$ \\ \hline 2021: & & 1 & & $=$ & & $\%$ \\ \hline 2020: & & 1 & E & $=$ & & $\%$ \\ \hline \multicolumn{7}{|c|}{ is the trend percent for Cost of Goods Sold favourable or unfavourable? } \\ \hline \multicolumn{7}{|c|}{ Trend Percent for Accounts Receivable: } \\ \hline & Numerator: & 1 & Denominator: & & & \\ \hline & & l & & $=$ & \multicolumn{2}{|l|}{ Trend percent } \\ \hline 2024: & & 1 & & $=$ & & $\%$ \\ \hline 2023: & & 1 & F & $=$ & & $\%$ \\ \hline 2022: & & 1 & & $=$ & & $\%$ \\ \hline 2021: ? & & 1 & & $=$ & & $\%$ \\ \hline 2020: & & 1 & E & $=$ & & $\%$ \\ \hline Is the tr & end percent for Accounts R & & able or unfavourable? & & & \\ \hline \end{tabular}