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

Requirements
1. Compute trend analyses for each item for 2011€“2013. Use 2010 as the base year, and round to the nearest whole percent.
2. Compute the rate of return on common stockholders€™ equity for 2011€“2013, rounding to three decimalplaces.

Transcribed Image Text:

2013 2010 2012 2011 $ 701,000 43,000 $ 639,000 38,000 $ 759,000 $ 659,000 Net sales revenue Net income.. Ending common stockholders' equity 56,000 364,000 356,000 328,000 .... 300,000