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Calculate index-number trend percents for following

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Reference no: EM13392688

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

Reference no: EM13392688

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