Net sales revenue, net income, and common stockholders€™ equity for Azbel Mission Corporation, a manufacturer of contact lenses, follow for a four-year period.

Requirements
1. Compute trend analyses for each item for 2011€“2013. Use 2010 as the base year, and round to the nearest whole percent.
2. Compute the rate of return on common stockholders€™ equity for 2011€“2013, rounding to three decimalplaces.

Transcribed Image Text:

2012 2011 2010 2013 S 762,000 S 706,000 $ 637,000 $ 665,000 37,000 Net sales revenue Net income . Ending common stockholders' equity ... 44,000 43,000 58,000 330,000 376,000 358,000 304,000