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Required information Use the following information for the Quick Studies below. (Algo) ($ thousands) Current Year Net sales Cost of goods sold $ 805,455

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Required information Use the following information for the Quick Studies below. (Algo) ($ thousands) Current Year Net sales Cost of goods sold $ 805,455 396,644 Prior Year $ 457,048 137,882 QS 17-8 (Algo) Common-size analysis LO P2 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.) Current Year: Prior Year: Common-Size Percent for Cost of Goods Sold using Net Sales as the base: Numerator: Analysis period cost of goods sold Denominator: Analysis period net sales Common-size percents 0 0

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