Question
2019 2018 2017 2016 Net Sales Revenue $ 766,000 $ 708,000 $ 644,000 $664,000 Net Income 60,000 38,000 36,000 44,000 Ending Common Stockholders equity 368,000
|
| 2019 | 2018 | 2017 | 2016 |
|
| Net Sales Revenue | $ 766,000 | $ 708,000 | $ 644,000 | $664,000 |
|
| Net Income | 60,000 | 38,000 | 36,000 | 44,000 |
|
| Ending Common Stockholders equity | 368,000 | 352,000 | 326,000 | 296,000 |
|
Net sales revenue, net income, and common stockholders' equity for EyesightEyesight Mission Corporation, a manufacturer of contact lenses, follow for a four-year period
Compute trend analyses for each item for 20172019.
Use 2016 as the base year, and round to the nearest whole percent.
Begin by computing Eyesight Mission Corporation's trend analysis for net sales revenue, then compute Eyesight
Mission Corporation's trend analysis for net income and finally compute
Eyesight Mission Corporation's trend analysis for common stockholders' equity.
| + | ||||
|
| 2019 |
| 2018 |
| 2017 |
| 2016 |
|
| Net Sales Revenue | $766,000 |
| $708,000 |
| $644,000 |
| $664,000 | |
| Trend Percentages |
| % |
| % |
| % | 100 | % |
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Corporate Financial Reporting And Analysis A Global Perspective
Authors: S. David Young, Jacob Cohen, Daniel A. Bens
4th Edition
1119494575, 978-1119494577
