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.
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.
Transcribed Image Text:
(in thousands) Net sales revenue. Net income... Ending common stockholders' equity 2023 2022 2021 2020 $7,809 $7,261 $ 738 $ 498 $5,600 $3,400 $6,439 $ 468 $4,600 $ 600 $6,850 $3,200
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