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Use the following information to determine the Prior Year and Current Year trend percents for net sales using the Prior Year as the base
Use the following information to determine the Prior Year and Current Year trend percents for net sales using the Prior Year as the base year. (Enter the answers in thousands of dollars.) ($ thousands) Net sales Current Prior Year Year $847,500 $339,000 Cost of goods sold Choose Numerator: Current Year: Prior Year: 415,275 100,344 Trend Percent for Net Sales; Choose Denominator: = Trend Percent
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