The following data represent selected information from the comparative income statement and balance sheet for Hot Rolled Corporation for the years ended December 31,2017 and 2016: 
•10,000 shares of common shares have been issued and outstanding since the company was established.They had a market value of $90 per share on December 31,2016,and they were selling for $91.50 on December 31,2017.
Refer to the table above.For the year ending on December 31,2016,Hot Rolled Corporation's rate of return on net sales was:
Definitions:
Loyalty Program
A rewards program offered by a company to customers who frequently make purchases, encouraging continued business by offering benefits or perks.
Sweepstakes
A type of contest or promotion where prizes are awarded to participants selected by chance.
Contest
A competitive event in which participants strive to win by surpassing others in some criterion, ranging from sports to creative endeavors.
Promotional Co-Branding
Promotional co-branding is a marketing strategy where two or more brands collaborate on a promotional campaign or product, leveraging each other's strengths to increase awareness and interest among consumers.
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