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1. Required a) Compute the ratio of net income to total assets for each year and comment on the trend (3 marks) 5) Compute the
1. Required a) Compute the ratio of net income to total assets for each year and comment on the trend (3 marks) 5) Compute the ratio of net income to stockholders equity and comment on the trend (3 marks) c) Explain why there may be a difference in the trends between parts (a) and (b) (3 marks) d) Explain why accounting profits may not be the best measure of a companys achievements (6 marks) e) Discuss how good corporate governance procedures can help to manage underperformance in private sector companies (5 marks) Year 2020 Net Income 118 MNQ Company shows the following data (figures in TZS million) Total assets 1,900 Stockholders Equity Total Debt 700 1.200 2021 131 1,950 950 1,000 2022 148 2,010 1,100 910 2023 175.7 2,050 1,420 630 required a) Compute the ratio of net income to total assets for each year and comment on the trend (3 marks) 5) Compute the ratio of net income to stockholders equity and comment on the trend (3 marks) c) Explain why there may be a difference in the trends between parts (a) and (b) (3 marks) d) Explain why accounting profits may not be the best measure of a
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