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1. I need help with trend percentages 2. Compute the rate of return on common stockholders' equity for 2015-2017 rounding to three decimal places. 40

1. I need help with trend percentages
2. Compute the rate of return on common stockholders' equity for 2015-2017 rounding to three decimal places. image text in transcribed
image text in transcribed
40 WP15-30B (similar to) Question Help Net sales revenue, net income, and common stockholders' equity for Salem Mission Corporation, a manufacturer of contact lenses, follow for a four-year period. (Click the icon to view the net sales revenue, net income, and common equity.) Read the requirements. Requirement 1. Compute trend analyses for each item for 2017-2019. Use 2016 as the base year, and round to the nearest whole percent. Begin by computing Salem Mission Corporation's trend analysis for net sales revenue, then compute Salem Mission Corporation's trend analysis for net income and finally compute Salem Mission Corporation's trend analysis for common stockholders' equity. 2019 2018 2017 2016 Net Sales Revenue 763,000 $ 700,000 643,000 $ 657,000 116 % 107 % 100 % Trend Percentages 63,000 $ 44,000 $ Net Income 35,000 S 48,000 100 % Trend Percentages 98 % % % ? Enter any number in the edit fields and then click Check Answer Yacturer of contact lense: Requirements 2019 2018 2017 2016 round to the nearest wh Net Sales Revenue $ Net Income m Mission Corporation's 763,000 $ 700,000 $ 643,000 $ 657,000 63,000 44,000 35,000 48,000 374,000 356,000 330,000 304,000 Ending Common Stockholders' Equity 16 Print 57.000 100 % Done 48.000 Data Table 100 % Net Sales Revenue Net Income Ending Common Stockholders' Equity 2019 2018 2017 2016 $ 763,000 $ 700,000 $ 643,000 $ 657,000 63,000 44,000 35,000 48,000 374,000 356,000 330,000 304.000 Print Done

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