Net sales revenue, net income, and common stockholders' equity for Eyesight Mission Corporation, a manufacturer of contact
Question:
Net sales revenue, net income, and common stockholders' equity for Eyesight Mission Corporation, a manufacturer of contact lenses, follow for a four-year period. Requirement 1. Compute trend analyses for each item for 2015—2017. Use 2014 as the base year, and round to the nearest whole percent. Begin by computing Eyesight Mission Corporation's trend analysis for net sales revenue, then compute Eyesight Mission Corporation's trend analysis for net income and finally compute Eyesight Mission Corporation's trend analysis for common stockholders' equity. Requirement 2. Compute the rate of return on common stockholders' equity for 2015—2017, rounding to three decimal places. Begin by selecting the formula to calculate Eyesight Mission Corporation's rate of return on common stockholders.Then, enter the amounts and calculate the rate of return on common stockholders' equity for 2015—2017. (Abbreviations used: Avg. common SE = average common stockholders' equity. Complete all input boxes. Enter a "0" for balances with a zero value. Round your calculations to three decimal places and then enter your answers as a percentage to the nearest tenth percent, X.X%.) |
Financial and Managerial Accounting
ISBN: 978-0132497978
3rd Edition
Authors: Horngren, Harrison, Oliver