Refer to the information in QS 13-4. Use that information for Tide Corporation to determine the 2014

Question:

Refer to the information in QS 13-4. Use that information for Tide Corporation to determine the 2014 and 2015 common-size percents for cost of goods sold using net sales as the base.

In QS 13-4

($ thousands) ______________2015 _________2014

Net sales . . . . . . . . . . . . . . . . $801,810 .......... $453,000

Cost of goods sold . . . . . . . . 392,887 ............. 134,088

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...