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Required information (5 thousands) Net sales Coat of goods sold Current Year $801,810 392,887 Prior Year $ 453,000 134,008 Determine the Prior Year and Current
Required information (5 thousands) Net sales Coat of goods sold Current Year $801,810 392,887 Prior Year $ 453,000 134,008 Determine the Prior Year and Current Year common-size percents for cost of goods sold using net sales as the base. (Enter the answers in thousands of dollars.) Common-Size Percent for Cost of Goods Sold using Net Sales as the base: Current Year: Prior Year: Numerator: Denominator: Common-size percents %
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