Question: Use the following information to answer the question below nformation ($ thousands) Net sales Cost of goods sold Current Year $ 804,234 395,462 Prior Year

Use the following information to answer the question below
nformation ($ thousands) Net sales Cost of goods sold Current Year $

nformation ($ thousands) Net sales Cost of goods sold Current Year $ 804,234 395,462 Prior Year $ 455,776 136,449 Determine the Prior Year and Current Year common-size percents for cost of goods sold using net sales as the base. Note: 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: 1 Denominator: Common-size percents % %

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