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 2023–2025. Use 2022 as the base year and round to the nearest whole percent.
2. Compute the rate of return on common stockholders’ equity for 2023–2025, rounding to three decimal places.

Transcribed Image Text:

Net Sales Revenue Net Income Ending Common Stockholders' Equity 2025 $766,000 60,000 368,000 2024 $ 708,000 38,000 352,000 2023 $ 644,000 36,000 326,000 2022 $ 664,000 44,000 296,000