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The following information is for Tide Corporation: ($ thousands) 2017 2016 Net sales $ 1,155,080 $ 431,000 Cost of goods sold 565,989 127,576 Determine the
The following information is for Tide Corporation:
($ thousands) | 2017 | 2016 | ||||
Net sales | $ | 1,155,080 | $ | 431,000 | ||
Cost of goods sold | 565,989 | 127,576 | ||||
Determine the 2016 and 2017 trend percents for net sales using 2016 as the base year.
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