Net sales revenue, net income, and common stockholders' equity for Vallen Optical Corporation, a manufacturer of contact
Question:
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 2015 2014 $6,700 $ 560 2016 $7,437 $ 700 $5,525 $7,035 $ 476 $6,499 Net sales revenue Net income Ending common stockholders' equity $ 420 $5,275 $3,125 $3,225
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Req 1 Vallen Optical Corporation Trend Percentages 2017 2016 20...View the full answer
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