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Check my work ! Required information Use the following information to determine the prior year...

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Accounting

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Check my work ! Required information 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. ($ thousands ) Net sales Cost of goods sold Current Year $ 802,971 394, 306 Prior Year $ 454, 365 135, 325 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: Numerator: Denominator: Analysis period cost of goods sold Common-size percents $ 394,3061 0 % $ 135,325 $ 454,3651 29.78 % Current Year: Prior Year: LLLLLLLLLL

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