The following information is for Tide Corporation:
($ thousands) | 2017 | 2016 | ||||
Net sales | $ | 438,060 | $ | 298,000 | ||
Cost of goods sold | 214,649 | 88,208 | ||||
Determine the 2016 and 2017 trend percents for net sales using
2016 as the base year.
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