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Required Information (5 thousands Net sales Cost of goods sold Current Year $ 802,615 393,781 Prior Year $ 453,810 134,816 Determine the Prior Year and

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Required Information (5 thousands Net sales Cost of goods sold Current Year $ 802,615 393,781 Prior Year $ 453,810 134,816 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.) Answer is complete but not entirely correct. Trend Percent for Net Sales Numerator Denominator Analysis period cost of goods sold Base year net sales is 393.781 % $ 15 134,816 X 1$ Trend Percent 49.1 % 29.7 96 Current Year: Prior Year: 802,615 X = 453,810

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