Net sales, net income, and total assets for Aaron Shipping, Inc., for a five-year period follow. Click the icon to view the data.) Read the requirements Requirement 1. Calculate trend percentages for each item for 2018 through 2021. Use 2017 as the base year and round to the nearest percent Aaron Shipping, Inc. Trend Percentages Net sales Net income Total assets 2021 2020 2019 2018 2017 166% 183 % 148 % 167 % 119 % 104 % 100% 135% 48 % 157 % 100% 133 % 126 % 110% 100% Requirement 2. Calculate the rate of return on net sales for 2019 through 2021, 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 input fields. Enter "0" for any zero amounts and enter the return on sales amounts as percentages rounded to one-tenth percent, XX%) ( 2019 ( 2020 ( 2021 Return on sales Net sales, net income, and total assets for Aaron Shipping, Inc., for a five-year period follow (Click the icon to view the data) Read the requirements Requirements Data table (In thousands) 2021 2020 2019 2018 2017 Net sales $ 500 $ 502 $ 358 $ 312 $ 301 Net income 42 31 11 36 23 Total assets 304 274 260 226 206 2020 ( 2021 ( Print Done " 1. Calculate trend percentages for each item for 2018 through 2021. Use 2017 as the base year and round to the nearest percent. 2. Calculate the rate of return on net sales for 2019 through 2021, rounding to the nearest one-tenth percent. Explain what this means. 3. Calculate asset turnover for 2019 through 2021. Explain what this means 4. Use a DuPont Analysis to calculate the rate of return on average total assets (ROA) for 2019 through 2021. 5. How does Aaron Shipping's return on net sales for 2021 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 2021, compared with previous years and against an 18% benchmark for the industry Print Done