The percent change for Cost of sales was 2016-2017: 4.40%

Exercise 2-4 Dollar Change from 2016 to 2017 (in thousands of dollars) Percent Change from 2016 to 2017 1. Total receivables, net $19,808,000 12.13% 2. Inventories, net $ 21,950,000 7.15 % 3. Accounts payable $ 37,084,000 21.23% 4. Retained earnings $ 54, 265,000 11,30 % B. Discuss the Percent Change in Inventory from 2016 to 2017 compared to the Percent Change in Cost of sales from 2016 to 2017