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Required information [S thousands) Net sales Cost of goods sold Current Year $802,776 394,026 Prior Year $ 454,093 135,073 Determine the Prior Year and Current

Required information [S thousands) Net sales Cost of goods sold Current Year $802,776 394,026 Prior Year $ 454,093 135,073 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.) Trend Percent for Net Sales: Numerator: Base year cost of goods sold Denominator: Base year net sales Trend Percent Current Year: Prior Year: 0% 1/ 00%

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