2 QS 13-5 Common-size analysis LO P2 The following information is for Tide Corporation ($thousands) Net sales 2017 2016 $803,102 $454,660 polnts Cost of goods sold 135,542 394,491 02:20:59 Determine the 2016 and 2017 common-size percents for cost of goods sold using net sales as the base ommon-Size Percent for Cost of Goods Sold using Net Sales as the base: References Choose Numerator: Choose Denominator: Common-Size Percents 2017: 2016: Analysis period cost of goods sold Analysis period net sales Base year cost of goods sold Base year net sales