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The following information is for Tide Corporation: 2016 ($ thousands) Net sales Cost of goods sold 2017 $804,234 $455,776 395,462 136,449 Determine the 2016 and
The following information is for Tide Corporation: 2016 ($ thousands) Net sales Cost of goods sold 2017 $804,234 $455,776 395,462 136,449 Determine the 2016 and 2017 common-size percents for cost of goods sold using net sales as the base Common-Size Percent for Cost of Goods Sold using Net Sales as the base: Choose Numerator: Choose Denominator: Common-Size Percents 2017: 2016
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