Read the requirements. Requirement 1. Compute trend analyses for each item for 2017-2019. Use 2016 as the base yoar, and round to the nearest whole percent. Begin by computing Eyesight Mission Corporation's trend analysis for net sales revenue, then compute Eyesight Mission Corporation's trend analysis for net income and finally compute Eyesight Mission Corporation's trend analysis for o 2019 2018 2017 2016 Not Sales Revenue %24 766,000 708,000 644.000 664.000 Trend Percentages 115 % 107 % 97 % 100 % Net Income 60,000 24 38,000 $ 36,000 %24 44 000 Trend Percentages 136 % 86 % 82% 100% Ending Common Stockholders" Equity 368,000 $1 352,000 S %24 326,000 $ 296,000: Trend Percentages 124 % 119% 110 % 100 % Requirement 2. Compute the rate of return on common stockholders' equity for 2017 2019, rounding to three decimal places. Begin by solecting the formula to calculate Eyesight Mission Corporation's rate of return on common stockholders. Then, enter the amounts and calculate the rate of return on common stockholders' equity for 2017-2019. (Abbreviation u boxes. Enter a "0" for balances with a zero value. Round your calculations to three decimal places and then enter youur answers as a percentage to the nearest tenth percent, X.X%.) Rate of return bn common stockholders' oquity 1Requirements 2019 2018 2017 2016 Net Sales Revenue 766,000 $ 708,000 $ 644,000 $ 664,000 Net Income 60,000 38,000 36,000 44,000 Ending Common Stockholders' Equity 368,000 352,000 326,000 296,000

Financial Management: Theory & Practice
16th Edition
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Author:Brigham
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Chapter3: Analysis Of Financial Statements
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Problem 14P: The Jimenez Corporation’s forecasted 2020 financial statements follow, along with some industry...
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Net sales revenue, net income, and common stockholders' equity for Eyesight Mission Corporation, a manufacturer of contact lenses, follow for a four-year period.
E (Click the icon to view the net sales revenue, net income, and common equity)
Read the requirements.
Requirement 1. Compute trend analyses for each item for 2017-2019. Use 2016 as the base year, and round to the nearest whole percent.
Begin by computing Eyesight Mission Corporation's trend analysis for net sales revenue, then compute Eyesignt Mission Corporation's trend analysis for net income and finally compute Eyesight Mission Corporation's trend analysis for com
2019
2018
2017
2016
Net Sales Revenue
766,000
708,000
644.000
664,000
Trend Percentages
115 %
107 %
97 %
100 %
Net Income
60,000
$4
38,000 $
36.000
2.
44.000
Trend Percentages
136 %
86 %
82 %
100 %
Ending Common Stockholdors' Equity
368,000
352 000 $
326,000 $ 296,000
Trend Percentages
124 %
119 %
110
100 %
% OTI
Requirement 2. Compute the rate of return on common stockholders' equity for 2017 2019, rounding to three decimal places.
Begin by solecting the formula to calculate Eyesight Mission Corporation's rate of return on common stockholders. Then, enter the amounts and calculate the rate of return on common stockholders' equity for 2017-2019. (Abbreviation use
boxes. Enter a "0" for balances with a zero value. Round your calculations to three decimal places and then enter your answers as a percentage to the nearest tenth percent, X.X%.)
Rate of return on common
stockholders' equity
1 Requirements
- X
2019
2018
2017
2016
Net Sales Revenue
24
766,000 $ 708,000 $ 644,000 $ 664,000
Net Income
60,000
38,000
36,000
44,000
Ending Common Stockholders' Equity
368,000
352,000
326,000
296,000
Transcribed Image Text:Net sales revenue, net income, and common stockholders' equity for Eyesight Mission Corporation, a manufacturer of contact lenses, follow for a four-year period. E (Click the icon to view the net sales revenue, net income, and common equity) Read the requirements. Requirement 1. Compute trend analyses for each item for 2017-2019. Use 2016 as the base year, and round to the nearest whole percent. Begin by computing Eyesight Mission Corporation's trend analysis for net sales revenue, then compute Eyesignt Mission Corporation's trend analysis for net income and finally compute Eyesight Mission Corporation's trend analysis for com 2019 2018 2017 2016 Net Sales Revenue 766,000 708,000 644.000 664,000 Trend Percentages 115 % 107 % 97 % 100 % Net Income 60,000 $4 38,000 $ 36.000 2. 44.000 Trend Percentages 136 % 86 % 82 % 100 % Ending Common Stockholdors' Equity 368,000 352 000 $ 326,000 $ 296,000 Trend Percentages 124 % 119 % 110 100 % % OTI Requirement 2. Compute the rate of return on common stockholders' equity for 2017 2019, rounding to three decimal places. Begin by solecting the formula to calculate Eyesight Mission Corporation's rate of return on common stockholders. Then, enter the amounts and calculate the rate of return on common stockholders' equity for 2017-2019. (Abbreviation use boxes. Enter a "0" for balances with a zero value. Round your calculations to three decimal places and then enter your answers as a percentage to the nearest tenth percent, X.X%.) Rate of return on common stockholders' equity 1 Requirements - X 2019 2018 2017 2016 Net Sales Revenue 24 766,000 $ 708,000 $ 644,000 $ 664,000 Net Income 60,000 38,000 36,000 44,000 Ending Common Stockholders' Equity 368,000 352,000 326,000 296,000
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