Use the following information to determine the prior year and current year trend percents for net sales

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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 year.

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Fundamental Accounting Principles

ISBN: 9781260247985

25th Edition

Authors: John J Wild, Ken Shaw

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Question Posted: Oct 26, 2021 09:06 AM

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Use the following information to determine the prior year and current year trend percents for net sales

Question:

$ thousands Current Yr Prior Yr Net sales.... $801,810 $453,000 Cost of goods sold 392,887 134,088

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Fundamental Accounting Principles

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