12-3 problem: ROI: consider the following information for McKinley and Son, Inc

a. evaluate the company in terms of ROI

b. While income has increased in fisacl 2015, is it clear that the company's performance has improved?

	12/31/2014	12/31/2015
total assets	55,000,000	62,000,000
noninterest-bearing current liabilites	1,100,000	1,320,000
Net income	3,300,000	3,426,000
interest expense	726,000	770,000
tax rate	35%	35%