Net sales revenue, net income, and common stockholders equity for Shawnee Mission Corporation, a manufacturer of contact

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Net sales revenue, net income, and common stockholders€™ equity for Shawnee Mission Corporation, a manufacturer of contact lenses, follow for a four-year period.

2013 2010 2012 2011 $ 701,000 43,000 $ 639,000 38,000 $ 759,000 $ 659,000 Net sales revenue Net income.. Ending common s

Requirements
1. Compute trend analyses for each item for 2011€“2013. Use 2010 as the base year, and round to the nearest whole percent.
2. Compute the rate of return on common stockholders€™ equity for 2011€“2013, rounding to three decimalplaces.

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Financial and Managerial Accounting

ISBN: 978-0132497978

3rd Edition

Authors: Horngren, Harrison, Oliver

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