Required information Use the following information for the Quick Studies below. (Algo) ($ thousands) Current Year Net sales Cost of goods sold $ 804,594 395,991 Prior Year $ 456,272 136,890) QS 17-7 (Algo) Trend percents LO P1 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.) Trend Percent for Net Sales: Numerator: Denominator: Trend Percent Current Year: Prior Year: % % Required information Use the following information for the Quick Studies below. (Algo) ($ thousands) Net sales Cost of goods sold Current Year $ 804,594 395,991 Prior Year $ 456,272 136,890 QS 17-8 (Algo) Common-size analysis LO P2 Determine the Prior Year and Current Year common-size percents for cost of goods sold using net sales as the base. (Enter the answers in thousands of dollars.) Common-Size Percent for Cost of Goods Sold using Net Sales as the base: Current Year: Prior Year: Numerator: Denominator: Common-size percents % %