Question: Determine the Prior Year and Current Year common-size percents for cost of goods sold using net sales as the base. ( answers in thousands of
Determine the Prior Year and Current Year common-size percents for cost of goods sold using net sales as the base. ( answers in thousands of dollars.) (s thousands) Net sales Cost of goods sold Current Prior Year Year $ 801,810 $ 453,000 392,887 134,088 Common Size Percent for Cost of Goods Sold using Net Sales as the base: Choose Numerator: Choose Denominator: Analysis period net sales Base year net sales Common-size percents S 801,810 $ 453,000 177.0 96 S 453,000 $ 453,000 100.0 % Current Year: Prior Year
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