centages for each item for 2015 through 2018. Use 2014 as the base year and round to the nearest percent rate Shinning Inc. Trand Barcentages 018 Data Table - X (In thousands) 2018 2017 2016 2015 2014 retu Net sales.. 500 $ 335 $ 360 $ 311 $ 302 his me Net income. 57 .. 33 44 31 36 on ne bunts in answ Total assets. 306 272 252 222 202 round Print Done % 1. Calculate trend percentages for each item for 2015 through 2018. Use 2014 as the base year and round to the nearest percent. 2. Calculate the rate of return on net sales for 2016 through 2018, rounding to the nearest one-tenth percent. Explain what this means. 3. Calculate asset turnover for 2016 through 2018. Explain what this means. 4. Use a DuPont Analysis to calculate the rate of return on average total assets (ROA) for 2016 through 2018. 5. How does Accurate Shipping's return on net sales for 2018 compare with previous years? How does it compare with that of the industry? In the shipping industry, rates above 9% are considered good, and rates above 11% are outstanding. 6. Evaluate the company's ROA for 2018, compared with previous years and against an 18% benchmark for the industry. thi hou sr Net sales, net income, and total assets for Accurate Shipping, Inc., for a five-year period follow: (Click the icon to view the data.) Read the tequirement Requirement 1. Calculate trend percentages for each item for 2015 through 2018. Use 2014 as the base year and round to the nearest percent. Accurate Shipping, Inc. - Trend Percentages Net sales. Net income Total assets. 2018 2017 2016 2015 2014 % % % % 100% % % % % 100% % % % % 100% Requirement 2. Calculate the rate of return 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 thousands as provided to you in the problem statement. Complete all answer boxes. Enter "0" for any zero amounts and enter the return on sales amounts as percentages rounded to one-tenth percent, XX%.) 2016 ( 2017 ( 2018 ( Explain what this means. )/ = Return on sales % % % Choose from any list or enter any number in the input fields and then continue to the next question Return on sales measures Requirement 3. Calculate Begin by selecting the asse the problem statement. Rou 2016 2017 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. how re Net sales, net income, and total assets for Accurate Shipping, Inc., for a five-year period follow: (Click the icon to view the data.) Read the requirements. Requirement 3. Calculate asset turnover for 2016 through 2018. Explain what this means. Begin by selecting the asset turnover formula and then enter the amounts to calculate the ratios. (Enter amounts in thousands as provided to you in the problem statement. Round intermediary calculation to the nearest thousand, Round the asset turnover ratios to three decimal places, X.XXX.) Asset turnover 2016 2017 2018 Explain what this means. Asset turnover means Requirement 4. Use a DuPont Analysis to calculate the rate of return on average total assets (ROA) for 2016 through 2018. Begin by selecting the ROA formula using the DuPont analysis and then enter the amounts to calculate the ratio. (Enter percentages rounded to one-tenth percent, XX%. Enter other component ratios as decimals to three places, XXX) 2016 2017 2018 4 x % x % x % x ROA % % % Choose from any list or enter any number in the input fields and then continue to the next question. Save for later Explain what this means.. Asset turnover means Requirement 4. Use a Begin by selecting the one-tenth percent, X.X 2016 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. rou (E Requirement 5. How does Accurate Shipping's return on net sales for 2018 compare with previous years? How does it compare with that of the industry? In the shipping industry, rates above 9% are considered good, and rates above 11% are outstanding. Accurate Shipping's rate of return on net sales for 2018 compares with the industry rate of 9%. It's 2018 rate of return on net sales has from 2017 and from 2016. Requirement 6. Evaluate the company's ROA for 2018, compared with previous years and against an 18% benchmark for the industry. with the 18% benchmark for the industry. It's 2018 ROA has Accurate Shipping's return on assets (ROA) for 2018 compares from 2017 and from 2016. Choose from any list or enter any number in the input fields and then continue to the next