QS 13-5 Common-size analysis LO P2

The following information for Topps Corporation:

($ thousands)	2016				2015
Net sales		$	801,810			$	453,000
Cost of goods sold			392,887				134,088

Determine the 2015 and 2016 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
2016:		/		=	0	%
2015:		/		=		%