Chapter 15, Problem 15.34BP

Computing trend analysis and return on common equity

Net sales revenue, net income, and common stockholders' equity for Atkinson Miss ion Corporation, a manufacturer of contact lenses, follow for a four-year period.

Requirements

1. 1. Compute trend analyses for each item for 2015-2017. Use 2014 as the base year, and round to the nearest whole percent.
2. 2. Compute the rate of return on common stockholders' equity for 2015- 2017, rounding to three decimal places.