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

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.

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In thousands) Net sales.. Net income Total assets 2010 2009 2008 2007 2006 $616 $503 $358 $309 $300 33 30 45 34 27 300 28 255 231 204