The following information is for Tide Corporation: thousands) Net sales Cost of goods sold 2817 2016 $801,943 $453,132 393,111 134,237 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: Analysis period cost of goods sold Base year cost of goods sold Common-Size Percents 2017: 2016