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Compute index-number trend percent"s 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

123080

116,280

107,440

68000

Accounts receivable

19,100

18,300

$17,400

16,200

10,000

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