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Problem 18-1A My AccountingLab Net sales, net income, and common shareholders' equity for Naturah Products Ltd. for a six-year period follow: Trend percentages, return on
Problem 18-1A My AccountingLab Net sales, net income, and common shareholders' equity for Naturah Products Ltd. for a six-year period follow: Trend percentages, return on common equity, and comparis with the industry 2017 2013 2012 2. Return on common sharena ers' equity 2017, 16.0% Net sales Net income Ending common shareholders' equity 2016 2015 2014 (Amounts in thousands) $1,757 $1,606 $1,704 120 89 126 $1,806 144 $1,638 $1,588 100 96 940 860 772 684 628 600 Required 1. Compute trend percentages for 2013 through 2017, using 2012 as the base year. Round to the nearest whole percentage. 2. Compute the rate of return on common shareholders' equity for 2013 through 2017, rounding to three decimal places. In this industry, rates of 12 percent are average, rates above 15 percent are considered good, and rates above 20 percent are viewed as outstanding. 3. How does Naturah Products Ltd.'s return on common shareholders' equity compare with the industry's
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