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Determine the 2012 and 2013 common size percents for cost of goods using net sales as the base The following information for Tide Corporation: ($

Determine the 2012 and 2013 common size percents for cost of goods using net sales as the base

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The following information for Tide Corporation: ($ thousands) 2013 2012 Net sales $ 801,810 $453,000 Cost of goods 392,887 134,088 sold Determine the 2012 and 2013 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: Choose Numerator: 1 Choose Denominator: = Common-Size Percents 2013: = 2012

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