Chapter 17, Problem 5QS

Refer to the information in QS17-4. Use that information for Tide Corporation to determine the 2014 and 2015 common-size percents for cost of goods sold using net sales as the base.

Common-size analysis P2
Use the following information for Tide Corporation to determine the 2014 and 2015 trend percents for net sales QS 17-4 using 2014 as the base year.
Trend percents

r ($ thousands)	20IS	12014
Net sales	$801,810	$453,000
Cost of goods sold	392,887	134.088