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Required information Use the following information to determine the prior year and current year trend percents for net sales using the prior year as the

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Required information Use the following information to determine the prior year and current year trend percents for net sales using the prior year as the base year ($ thousands) Current Year Prior Year Net sales $ 801,943 $ 453,132 Cost of goods sold 393,111 134,237 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.) Numerator: Analysis period net sales Trend. Percent for Net Sales: 1 Denominator: / Base year net sales 4 13 Trend Percent 0 % 0% ## Current Year: Prior Year

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