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

Question:

Net sales revenue, net income, and common stockholders’ equity for Connor Vision Corporation, a manufacturer of contact lenses, follow for a four-year period.

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Requirements:

1. Compute trend percentages for each item for 2020 through 2023. Use 2020 as the base year.
2. Compute the rate of return on common stockholders’ equity for 2021 through 2023.

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