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% P12-56A (similar to) Data Table Net sales, net income, and total assets for Alex (Click the icon to view the data.) Read the requirements 2018 786 $ Alexander Ship (In thousands) Net sales Net income Total assets. 2017 920 $ 14 2 60 2016 358 $ 21 258 2015 311 $ 30 230 - 2014 300 23 208 25 302 Net sales Not income Total assets 2018 262 % 109 % 145 % Print Done Requirement 2. Calculate the rate of retum on net sales for 2016 through 2018, rounding to the nearest one-tenth percent. Explain what this means Begin by selecting the rate of return on net sales (return on sales) formula and enter the amounts to calculate the percentages. (Enter amounts in thou provided to you in the problem statement. Complete all answer boxes. Enter for any zero amounts and enter the return on sales amounts as percen to one-tenth percent, XX%) Net incort 21 2016 2017 2018 ($ ($ ( $ the ability to collect cash from credit customers the amount of net income for each dollar of net sales the amount of net sales per dollar invested in assets. the percentage of a stock's market value returned as dividends to stockholders. Explain what this means. Return on sales measures Click to select your answer(s) and then click Check Answe