Requirements Net sales, net income, and total assets for Aircraft Shipping, Inc., for a five-year period follow: EEl (Click the icon to view the data.) 1. Compute trend percentages for each item for 2013 through 2016. Use 2012 as the base year and round to the nearest percent. Compute the rate of return on net sales for 2014 through 2016. Explain what this means. Data Table 2. 3. Compute asset turnover for 2014 through 2016. Explain what this means 4. Use DuPont Analysis to compute rate of retum on average total assets (ROA) (In thousands) Net sales Net income Total assets 2016 2015 2012 501 $700 $313 $301 24 210 2014 2013 for 2014 through 2016 How does Aircraft Shipping's return on net sales for 2016 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 Evaluate Aircraft Shipping, Inc.'s ROA for 2016, compared with previous years and against an 18% benchmark for the industry $ 786 $ 54 304 5. 32 15 274 258 240 6. Requirements Net sales, net income, and total assets for Aircraft Shipping, Inc., for a five-year period follow: EEl (Click the icon to view the data.) 1. Compute trend percentages for each item for 2013 through 2016. Use 2012 as the base year and round to the nearest percent. Compute the rate of return on net sales for 2014 through 2016. Explain what this means. Data Table 2. 3. Compute asset turnover for 2014 through 2016. Explain what this means 4. Use DuPont Analysis to compute rate of retum on average total assets (ROA) (In thousands) Net sales Net income Total assets 2016 2015 2012 501 $700 $313 $301 24 210 2014 2013 for 2014 through 2016 How does Aircraft Shipping's return on net sales for 2016 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 Evaluate Aircraft Shipping, Inc.'s ROA for 2016, compared with previous years and against an 18% benchmark for the industry $ 786 $ 54 304 5. 32 15 274 258 240 6