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2. Net sales revenue, net income, and common stockholders equity for Atkinson Mission Corporation, a manufacturer of contact lenses, follow for a four-year period. 2016

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

2016 2015 2014 2013
Net Sales Revenue $759,000 $707,000 $638,000 $664,000
Net Income 57,000 41000 36000 43,000
Ending COmmon Stockholders equity 364,000 348,000 336,000 290,000

Requirements: 1. Compute trend analysis for each item for 2014-2016. Use 2013 as the base year, and round to the nearest whole percent.

2. Compute the rate of return on common stockholders equity for 2014-2016, rounding to three decimal places.

Begin by computing Atkinson Mission Corporations trend analysis for net sales revenue, then compute Atkinson Mission Corporations trend analysis for net income and finally compute the trend analysis for common stockholders equity.

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