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QS 13-5 Common-size analysis LO P2 The following information for Tide Corporation: ($ thousands) Net sales Cost of goods sold 2015 $ 804,953 396,358 2014
QS 13-5 Common-size analysis LO P2 The following information for Tide Corporation: ($ thousands) Net sales Cost of goods sold 2015 $ 804,953 396,358 2014 $ 456,627 137,457 Determine the 2014 and 2015 common-size percents for cost of goods sold using net sales as the base. (Enter your answers in thousands.) Common-Size Percent for Cost of Goods Sold using Net Sales as the base: Choose Numerator: Choose Denominator: Common-Size Percents 2015: 2014
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