Part 2 of 8 Points: 1.05 of 5 Buve Net sales, not income, and total assets for Aircraft Shipping in for a five-year period follow Click the icon to vow the data Read the requitements Requirement 1. Calculate trend percentages for each tom for 2015 through 2018. Use 2014 as the base year and round to the nearest percent 2014 Net sales Aircraft Shipping, Inc. - Trend Percentages 2018 2017 2016 164 64 % 106 % 33 130 128 % 137 % 118 2015 104 115 % 108 % Net income 100% 100% 100 % Total assets 150% Requirement 2. Calculate the rate of return on net sales for 2016 through 2018 rounding to the nearest one-tenth percent Explain what this means Begin by selecting the rate of return on nel salos (roturn on salos) formula and enter the amounts to calculate the percentages (Entor amounts in thousands provided to you in the problem statement Complete all answer boxes. Enter for any zero amounts and enter the return on sales amounts as percentages rounded to one tenth percent XX%) Return on sales 2016 2017 > % 2018 > Requirements 1. Calculate trend percentages for each item for 2015 through 2018 Use 2014 as the base year and round to the nearest percent 2. Calculate the rate of return on net sales for 2016 through 2018, rounding to the nearest one-tenth percent Explain what this means 3. Calculate asset turnover for 2016 through 2018 Explain what this means 4. Use a DuPont Analysis to calculate the rate of return on average total assets (ROA) for 2016 through 2018 5. How does Aircraft Shipping's return on net sales for 2018 compare with previous years? How does it compare with that of the industry in the shipping industry, rates above 9% are considered good, and rates above 11% are outstanding 6. Evaluate the company's ROA for 2018, compared with previous years and against an 18% benchmark for the industry Print Done Data table 2018 2017 2016 2015 2014 $ 418 $ 503 $ 360 $ 318 $ 306 (In thousands) Net sales Net income Total assets 21 35 11 38 33 304 264 260 220 203 Print Done