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Required information ($ thousands) Net sales Cost of goods sold Current Year $ 803,338 Prior Year 394,621 $ 454,951 135,683 Determine the Prior Year
Required information ($ thousands) Net sales Cost of goods sold Current Year $ 803,338 Prior Year 394,621 $ 454,951 135,683 Determine the Prior Year and Current Year common-size percents for cost of goods sold using net sales as the base. (Ent answers in thousands of dollars.) Common-Size Percent for Cost of Goods Sold using Net Sales as the base: Current Year: Prior Year: Numerator: 1 Denominator: Common-size percents = % %
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