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Net sales revenue, net income, and common stockholders' equity for Mirabel Mission Corporation, a manufacturer of contact lenses, follow for a four-year period. g (Click
Net sales revenue, net income, and common stockholders' equity for Mirabel Mission Corporation, a manufacturer of contact lenses, follow for a four-year period. g (Click the icon to view the net sales revenue, net income, and common equity.) Read the uirements. Requirement 1. Compute trend analyses for each item for 20232025. Use 2022 as the base year, and round to the nearest whole percent. Begin by computing Mirabel Mission Corporation's trend analysis for net sales revenue, then compute Mirabel Mission Corporation's trend analysis for net income and nally compute Mirabel Mission Corporation's trend analysis for common stockholders' equity. 2025 2024 2023 2022 Net Sales Revenue $ 759,000 $ 707,000 $ 643,000 $ 660,000 Trend Percentages % % % 100 % Data table 2025 2024 2023 2022 Net Sales Revenue $ 759,000 $ 707,000 $ 643,000 $ 660,000 Net Income 59,000 44,000 34,000 45,000 Ending Common Stockholders' Equity 370,000 350,000 332,000 292,000 Requirements 1. Compute trend analyses for each item for 20232025. Use 2022 as the base year, and round to the nearest whole percent. 2. Compute the rate of return on common stockholders' equity for 20232025, rounding to three decimal places
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