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
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
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter3: Analysis Of Financial Statements
Section: Chapter Questions
Problem 14P: The Jimenez Corporation’s forecasted 2020 financial statements follow, along with some industry...
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