Prepare a trend analysis of the data that follow

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Accounting Connection- Using 2010 as the base year, prepare a trend analysis of the data that follow, and tell whether the situation shown by the trends is favorable or unfavorable. (Round to one decimal place.)

 

2014

2013

2012

2011

2010

Net sales

$51,040

$47,960

$48,400

$45,760

$44,000

Cost of goods sold

34,440

30,800

31,080

29,400

28,000

General and administrative expenses

10,560

10,368

10,176

9,792

9,600

Operating income

6,040

6,792

7,144

6,568

6,400

Reference no: EM13913986

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