QS 13-4 Trend percents LO P1 Use the following information to determine the Prior Year and Current Year trend percents for net sales using the Prior Year as base year. (Enter the answers in thousands of dollars.) ($ thousands) Net sales Cost of goods sold Current Year $1,082, 790 530,567 Prior Year $477,000 141, 192 Trend Percent for Net Sales: 1 Choose Denominator: Choose Numerator: Trend Percent Current Year: Prior Year