Net sales, net income, and total assets for Accurate Shipping, Inc., for a five$-$year period follow: uirements.

Calculate

the nearest percent

Data table let sales, net income, and total assets for Accurate Shipping, Inc., for a five$-$year period follow:

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Requirement $1.$ Calcul

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Net sales

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Requirements

Calculate trend percentages for each item for $2018$ through $2021.$ Use $2017$ as the base year and round to the nearest percent.

Calculate the rate of return on net sales for $2019$ through $2021,$ rounding to the nearest one$-$tenth percent. Explain what this means.

Calculate asset turnover for $2019$ through $2021.$ Explain what this means.

Use a DuPont Analysis to calculate the rate of return on average total assets $($ROA$)$ for $2019$ through $2021.$

How does Accurate 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.

Evaluate the company's ROA for $2021,$ compared with previous years and against an $18\%$ benchmark for the industry.

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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.