Net sales, net income, and total assets for Amaze Shipping,

Net sales, net income, and total assets for Amaze Shipping, Inc., for a five-year period follow:

Net sales, net income, and total assets for Amaze Shipping,

Requirements
1. Compute trend percentages for each item for 2007 through 2010. Use 2006 as the base year and round to the nearest percent.
2. Compute the rate of return on net sales for 2008 through 2010, rounding to three decimal places.
3. How does Amaze Shipping€™s return on net sales compare with that of the industry? In the shipping industry, rates above 5% are considered good, and rates above 7% areoutstanding.