Net sales revenue, net income, and common stockholders€™ equity for Mirabel Optical Corporation, a manufacturer of contact lensesm follow for a four-year period

Requirements
1. Compute trend percentages for each item for 2011 through 2014, Use 2011 as the base year.
2. Compute the rate of return on common stockholders€™ equity for 2012 through2014

Transcribed Image Text:

(in thousands) Net sales revenue Net income Ending common stockholders' equity $4,260 3740 $3,300 $4,000 2014 2013 2012 2011 $7,797 $7,383 $6,555 $6,900 $ 610 440 365 500