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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. (Click
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 reguirements. 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. Requirement 2. Compute the rate of return on common stockholders' equity for 2023-2025, rounding to three decimal places. Begin by selecting the formula to calculate The Right Mission Corporation's rate of return on common stockholders. Then, enter the amounts and calculate the rate of return on common stockholders' equity for 2023-2025. (Abbreviation used: Avg. common SE = average common stockholders' equity. Complete all answer boxes. Enter a "0" 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\%.)
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