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

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.

Transcribed Image Text:

2016 2019 2018 2017 Net Sales Revenue $ 708,00 38,000 352,000 $ 664,000 44,000 $ 766,000 $ 644,000 36,000 326,000 Net Income 60,000 Ending Common Stockholders' Equity 368,000 296,000