Net sales, net income, and total assets for Amuse Shipping, Inc. for a five-year period follow. Click the icon to view the data.) Requirements Requirement 1. Compute trend percentages for each item for 2014 through 2017. Use 2013 as the base year, and round to the nearest percent Amuse Shipping, Inc. - Trend Percentages 2017 2016 2015 2014 2013 Net sales % % % 100 % Net income % % % 100 % Total assets % % 100 % Requirement 2. Compute the rate of return on net sales for 2015 through 2017, rounding to three decimal places. Explain what this means Begin by selecting the rate of return on net sales (return on sales) formula, and then enter the amounts to calculate the percentages (Enter amounts into the formula in thousands. Enter the return on sales amounts as percentages rounded to one decimal place, X.X%.) Return on sales Choose from any list or enter any number in the input fields and then continue to the next question ist percen -X 0 Data Table 2016 2015 2017 2014 2013 4 in thousands) $ 404 $ 897 $ 351 $ Net sales 313 5 294 21 52 41 48 39 Net income 302 266 257 232 208 Total assets jeans Enter an Print Done Begin by selecting the rate of return on net sales (return on sales) formula, and then enter the amounts to calculate the percentages (Enter amounts into the formula in thousands. Enter the return on sales amounts as percentages rounded to one decimal place, X.X%.) Return on sales % 2015 2016 % 2017 Explain what this means Return on sales measures Requirement 3. Compute asset turnover for 2015 through 2017. Explain what this means Begin by selecting the asset turnover formula, and then enter the amounts to calculate the ratios (Enter amounts into the formula in thousands. Do not round until final aner and then enter the seater amount mandolt throa darimanlarae Y YYY Requirement 3. Compute asset turnover for 2015 through 2017. Explain what this means Begin by selecting the asset turnover formula, and then enter the amounts to calculate the ratios. (Enter amounts into the formula in thousands. Do not found until your final answer, and then enter the asset turnover amounts rounded to three decimal places, X.XXX.) Asset turnover 2015 2016 2017 Explain what this means Asset turnover means Requirement 4. Compute rate of return on average total assets (ROA) for 2015 through 2017 em Requirement 4. Compute rate of return on average total assets (ROA) for 2015 through 2017 Begin by selecting the ROA formula, and then enter the amounts to calculate the ratio (Enter percentages to one decimal place, X.X%. Enter other component ratios as decimals to three places, X.XXX.) ROA % 2015 2016 2017 % % Requirement 5. How does Amuse Shipping's return on net sales for 2017 compare with previous years? How does it compare with that of the industry? In the shipping industry, rates above 5% are considered good and rates above 7% are outstanding Amuse Shipping's rate of return on net sales for 2017 compares with the industry rate of 5%. It's 2017 rate of retum on net sales has % X 2015 2016 % % 2017 % Requirement 5. How does Amuse Shipping's retum on net sales for 2017 compare with previous years? How does it compare with that of the industry? In the shipping industry, rates above 5% are considered good and rates above 7% are outstanding Amuse Shipping's rate of return on not sales for 2017 compares with the industry rate of 5%. Ifs 2017 rate of return on net sales has from 2016 and from 2015 Requirement 6. Evaluate Amuse Shipping, Inc.'s RCA for 2017 compared with previous years and against a 15% benchmark for the industry Amuse Shipping's return on assets (ROA) for 2017 compares with the 15% benchmark for the industry. It's 2017 ROA has from 2015 from 2016 and
