Use the following information for Tide Corporation to determine the 2014 and 2015 trend percents for net

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Use the following information for Tide Corporation to determine the 2014 and 2015 trend percents for net sales using 2014 as the base year.

              ($ thousands)................. _2015............... 2014

Net sales . . . . . . . . . . . . . . . . $801,810 .......... $453,000

Cost of goods sold . . . . . . . . 392,887 ............. 134,088

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Managerial Accounting

ISBN: 978-0078025600

5th edition

Authors: John Wild, Ken Shaw

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