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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. Net sales

Net sales revenue, net income, and common stockholders' equity for Mirabel Mission Corporation, a manufacturer of contact lenses, follow for a four-year period.image text in transcribedimage text in transcribed

Net sales revenue, net income, and common stockholders' equity for Mirabel 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 20172019. Use 2016 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 finally compute Mirabel Mission Corporation's trend analysis for common stockholders' equity. 2019 2018 2017 2016 $ $ 709,000 $ 639,000 Net Sales Revenue Trend Percentages 759,000 % $ 662,000 100 % % % Requirement 2. Compute the rate of return on common stockholders' equity for 2017-2019, rounding to three decimal places. Begin by selecting the formula to calculate Solomon Mission Corporation's rate of return on common stockholders. Then, enter the amounts and calculate the rate of return on common stockholders' equity for 2017-2019. (Abbreviation used: Avg. common SE = average common stockholders' equity. Complete all answer boxes. Enter a "O" for balances with a zero value. Round your calculations to three decimal places and then enter your answers as a percentage to the nearest tenth percent, X.X%.) Rate of return on common stockholders' c Net income Preferred dividends ) + Avg. common SE equity 2017 ( $ 35,000 $ 0 $ 315,000 11.1 % 2018 11 % Enter any number in the edit fields and then click Check Answer. Net sales revenue, net income, and common stockholders' equity for Mirabel 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 20172019. Use 2016 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 finally compute Mirabel Mission Corporation's trend analysis for common stockholders' equity. 2019 2018 2017 2016 $ $ 709,000 $ 639,000 Net Sales Revenue Trend Percentages 759,000 % $ 662,000 100 % % % Requirement 2. Compute the rate of return on common stockholders' equity for 2017-2019, rounding to three decimal places. Begin by selecting the formula to calculate Solomon Mission Corporation's rate of return on common stockholders. Then, enter the amounts and calculate the rate of return on common stockholders' equity for 2017-2019. (Abbreviation used: Avg. common SE = average common stockholders' equity. Complete all answer boxes. Enter a "O" for balances with a zero value. Round your calculations to three decimal places and then enter your answers as a percentage to the nearest tenth percent, X.X%.) Rate of return on common stockholders' c Net income Preferred dividends ) + Avg. common SE equity 2017 ( $ 35,000 $ 0 $ 315,000 11.1 % 2018 11 % Enter any number in the edit fields and then click Check

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