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QS 13-4 Trend percents LO P1 The following information is for Tide Corporation: ($ thousands) Net sales Cost of goods sold 20

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Answer #1
Trend Percent for Net Sales:
Choose Numerator: / Choose Denominator:
Analysis period net sales / Base year net sales = Trend Percent
2015 689520 / 338000 = 204%
2014 338000 / 338000 = 100%
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