Net sales revenue, net income, and common stockholders' equity for Azbel Mission Corporation, a manufacturer of contact

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Net sales revenue, net income, and common stockholders' equity for Azbel Mission Corporation, a manufacturer of contact lenses, follow for a four-year period.
2019 2018 2017 2016 Net Sales Revenue Net Income $ 701,000 40,000 $ 758,000 59,000 360,000 $ 639,000 $ 659,000 39,000 42

Requirements
1. Compute trend analyses for each item for 2017-2019. Use 2016 as the base year, and round to the nearest whole percent.
2. Compute the rate of return on common stockholders' equity for 2017-2019, rounding to three decimal places.

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Horngrens Financial And Managerial Accounting The Financial Chapters

ISBN: 9780134486840

6th Edition

Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura

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