The following information is for Tide Corporation: 5 Net sales Cost of goods sold $801,943 $453,132 393,111 134,237 03,4044 Determine the 2016 and 2017 common-size percents for cost of goods sold using net sales as the base. Common-Size Percent tor Cost of Goods Sold using Net Sales as the base: l Choose Denominator: Common-Size Percents 2017 2016 Analysis period cost of goods sold Analysis period net sales Base year cost of goods sold Base year net sales