Question
Determine the Prior Year and Current Year trend percents for net sales using the Prior Year as the base year. Note: Enter the answers
Determine the Prior Year and Current Year trend percents for net sales using the Prior Year as the base year. Note: Enter the answers in thousands of dollars. Current Year: Prior Year: Trend Percent for Net Sales: Numerator: Denominator: =1 Trend Percent 0% 1 = 0% ($ thousands) Net sales Cost of goods sold Current Year $ 804,234 395,462 Prior Year $ 455,776 136,449
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
25th Edition
1260247988, 978-1260247985
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