Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Trend Percentages Net sales, net income and total asset figures for Vibrant Controls, Inc, for five consecutive years are given below (Vibrant manufactures pollution controls)

image text in transcribed
Trend Percentages Net sales, net income and total asset figures for Vibrant Controls, Inc, for five consecutive years are given below (Vibrant manufactures pollution controls) Annual Amounts (Thousands of Dollars) Year 1 Year 2 Year 3 Year & Years Netales 571 500 52.00 584250 588 400 5700 Net income 3.200 3650 2.900 4160 4,790 To Set 42.500 45,400 4700 51.000 54000 Required a calculate trend percentages, using Year 1 as the base year b. Calculate the return on sales for each year Round trend percentage answers to one decimal place (ex: 02345 23.5 Trend Percentages Year 1 Year 2 Years Year 4 Net als 100 11161 51927 X 2364 X Net income 100 11406 121.88 M 13281 100 Total assets TO 71 120 11459 x Years 13245 X 129.1 x Round answers to 2 decimal places (ex 0.02345 2.35%). Year 1 Year 2 Year 3 Return on Sale Year 4 43 Years 50

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Nike Inc Strategic Audit SWOT Pestle Competitor And Financial Analysis

Authors: Bankim Chandra Pandey

1st Edition

1973352516, 978-1973352518

More Books

Students also viewed these Accounting questions

Question

Qu tienen en comn las letras MPBW adems de ser consonantes?

Answered: 1 week ago

Question

5. Identify three characteristics of the dialectical approach.

Answered: 1 week ago

Question

7. Identify six intercultural communication dialectics.

Answered: 1 week ago