Reference no: EM132495562

The following table shows selected data for Wong Corporation for the past five years ended December 31, 2014:

                                          2018                 2017                   2016                  2015                      2014

Net sales                        $19,500         $17,400            $18,200             $16,500           $14,900

Cost of goods sold               9,500           10,300             9,500                   8,900               8,000

Inventory                              13,000            12,200           8,700                9,500              9,300

Net accounts receivable            7,500                 6,800              7,200             7,000               6,500

Required:

Question 1: an analysis showing the trend percentages for the four years 2015-2018, using 2015 as the base year.