Net sales, net income, and common shareholders' equity for Naturah Products Ltd. for a six-year period follow:

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Net sales, net income, and common shareholders' equity for Naturah Products Ltd. for a six-year period follow:

Net sales, net income, and common shareholders' equity for Naturah

Required
1. Compute trend percentages for 2010 through 2014, using 2009 as the base year.
2. Compute the rate of return on average common shareholders' equity for 2010 through 2014, rounding to three decimal places. In this industry, rates of 12 percent are average, rates above 15 percent are considered good, and rates above 20 percent are viewed as outstanding.
3. How does Naturah Products Ltd.'s return on common shareholders' equity compare with the industry's?

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Related Book For  answer-question

Accounting

ISBN: 978-0132690089

9th Canadian Edition volume 2

Authors: Charles T. Horngren, Walter T. Harrison Jr., Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood

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