QS 17-4 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 the base year. (Enter the answers in thousands of dollars.) (sthousands) Net sales cost of goods sold Current Prior Year Year $ 438,060 $ 298,000 214,649 38,208 Trend Percent for Net Sales: Choose Denominator Choose Numerator: Trend Percent Current Year: Prior Year: Compute the annual dollar changes and percent changes for each of the following accounts (Decreases should be indicated with a minus sign. Round percent change to one decimal place.) Short tern Investments Accounts receivable Notes payable Current Year $374,962 97,668 Prior Year $234,114 101,352 88,393 Horizontal Analysis calculation of Pergent Change Choose Numerator 1 Choose Denominator Percent Change Current Year Dollar Change Percent Change $ Short-term investments Accounts receivable Notes payable Prior Year 374,962 $ 234 134 97,668 101,352 0 88,393