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Determine the trend percents for net sales

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Reference no: EM131800644

Problem

The following information is for Tide Corporation:

  ($ thousands)

2015

2014

  Net sales

$550,830

$301,000

  Cost of goods sold

269,906

89,096

Determine the 2014 and 2015 trend percents for net sales using 2014 as the base year.

Reference no: EM131800644

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