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The following information is for Tide Corporation: ($ thousands) 2017 2016 $265,360 $214,000 63,344 Net...

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Accounting

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The following information is for Tide Corporation: ($ thousands) 2017 2016 $265,360 $214,000 63,344 Net sales Cost of goods sold 130,026 Determine the 2016 and 2017 trend percents for net sales using 2016 as the base year. Trend Percent for Net Sales: I Choose Denominator: Choose Numerator: Trend Percent 2017: 2016: The following information is for Tide Corporation: ($ thousands) 2017 2016 $454,951 135,683 Net sales $803,338 394,621 Cost of goods sold Determine the 2016 and 2017 common-size percents for cost of goods sold using net sales as the base. Common-Size Percent for Cost of Goods Sold using Net Sales as the base: I Choose Denominator: Choose Numerator: Common-Size Percents 2017: 2016

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