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Next question Net sales, net income, and total assets for Amaze Construction, Inc., for a four-year period follow: (Click the icon to view the data.)
Next question Net sales, net income, and total assets for Amaze Construction, Inc., for a four-year period follow: (Click the icon to view the data.) Read the requirements. Requirement 1. Compute trend percentages for each item for 2015 through 2018. Use 2015 as the base year. (Round to the nearest whole percent, X%.) Amaze Construction, Inc. - Trend Percentages 2018 2017 2016 2015 - Data table Net sales % % % % Net income % % % % Total assets % % % % 2018 2017 2016 2015 Net sales $ 388,000 $ 364,000 $ 120,000 89,000 323,000 $ 335,000 73,000 76,000 Net income :: 278,000 Ending total assets Requirements 242,000 236,000 192,000 Print Done 1. Compute trend percentages for each item for 2015 through 2018. Use 2015 as the base year. 2. Compute the return on assets for 2016, 2017, and 2018. Round your answers to three decimal places. 3. Amaze Construction's main competitor had a return on assets of just under 40 percent for the years 2016, 2017, and 2018. How does Amaze Construction, Inc.'s return on assets compare with that of its main competitor? Print Done
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