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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):

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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 4 Year 5 Net sales $71,500 579,800 $84.250 $88.400 $94.700 Net income 3,200 3,650 3,900 4,160 4,790 Total assets 42,500 45,400 48.700 51.000 54.900 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: 0.2345 - 23,5). Trend Percentages Year 1 Year 2 Year 3 Year 4 Years Net sales 100 1116 119,3 123.6 1325 Net Income 100 1141 1219 132.8 149.7 Total assets 100 1082 1146 120 129.2 Round answers to 2 decimal places (ex: 0.02345 = 2.3596) Year 1 Year 2 Year 3 Year 4 Return on Sales 4.48% 4.57M 4.57 4.81 Years 5.06%

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