Net sales revenue, net income, and common stockholders' equity for Connor Vision Corporation, a manufacturer of contact lenses, follow for a four-year period.

Requirements
1. Compute trend percentages for each item for 2014 through 2017. Use 2014 as the base year.
2. Compute the rate of return on common stockholders' equity for 2015 through 2017.

Transcribed Image Text:

(in thousands) 2017 2014 2016 2015 $7,261 $7,809 $6,439 $ 468 Net sales revenue. $6,850 $ 600 Net income.. $ 738 $ 498 Ending common stockholders' equity $4,600 .... $5,600 $3,400 $3,200 |