Net sales, net income, and total assets for Urbana Shipping, Inc., for a five-year period follow:

1. Compute trend percentages for each item for 2013 through 2016. Use 2012 as the base year and round to the nearest percent.
2. Compute the rate of return on net sales for 2014 through 2016, rounding to three decimal places. Explain what this means.
3. Compute asset turnover for 2014 through 2016. Explain what this means.
4. Use DuPont Analysis to compute rate of return on average total assets (ROA) for 2014 through 2016.
5. How does Urbana Shipping's return on net sales for 2016 compare with previous years? How does it compare with that of the industry? In the shipping industry, rates above 9% are considered good, and rates above 11% are outstanding.
6. Evaluate Urbana Shipping, Inc.'s, ROA for 2016, compared with previous years and against an 18% benchmark for the industry.

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(In thousands) Net sales. Net income... Total assets.. 2016 2015 2014 2013 2012 S510 $400 $362 $314 $296 24 209 53 297 47 269 50 246 37 231