Requirement 1. Calculate trend percentages for each item for 2015 through 2018. Use 2014 as the base year and round to the nearest percent. Accurate Shipping, Inc. - Trend Percentages Net sales Net income Total assets 2018 2017 2016 2015 2014 304 % 63% 153 % 168 % 164 % 107 % 100 % 53% 140 % 107 % 100 % 132 % 122 % 110 % 100% 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 net sales (return on sales) formula and enter the amounts to calculate the percentages. (Enter amounts in thousands as provided to you in the problem statement. Complete all answer boxes. Enter "0" for any zero amounts and enter the return on sales amounts as percentages rounded to one-tenth percent. X.X%.) 2016 2017 ( 2018 ( Net income Preferred dividends)/Average total assets )/ = Return on sales % = %