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Net sales revenue, net income, and common stockholders' equity for The Right Mission Corporation, a manufacturer of contact lenses, follow for a four-year period.
Net sales revenue, net income, and common stockholders' equity for The Right Mission Corporation, a manufacturer of contact lenses, follow for a four-year period. (Click the icon to view the net sales revenue, net income, and common equity.) Read the requirements. Requirement 1. Compute trend analyses for each item for 2023-2025. Use 2022 as the base year, and round to the nearest whole percent Begin by computing The Right Mission Corporation's trend analysis for net sales revenue, then compute The Right Mission Corporation's trend analysis for net income and finally compute The Right Mission Corporation's trend analysis for common stockholders' equity. Net Sales Revenue Trend Percentages 2025 2024 2023 2022 767,000 $ 702,000 $ 643,000 $ 659,000 % % % 100% Requirements 1. 2. Compute trend analyses for each item for 2023-2025. Use 2022 as the base year, and round to the nearest whole percent. Compute the rate of return on common stockholders' equity for 2023-2025, rounding to three decimal places. Print Done - Data table Net Sales Revenue 2025 $ 2024 2023 2022 767,000 $ 702,000 $ 643,000 $ 659,000 Net Income 59,000 40,000 35,000 47,000 Ending Common Stockholders' Equity 366,000 354,000 336,000 290,000 Print Done -
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