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Addai Company has provided the following comparative information: 20Y8 20Y7 20Y6 20Y4 $273,406 $367,976 $631,176 $884,000 $800,000 616,047 572,003 528,165 495,000 440,000 53,560 106,720 160,000

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Addai Company has provided the following comparative information: 20Y8 20Y7 20Y6 20Y4 $273,406 $367,976 $631,176 $884,000 $800,000 616,047 572,003 528,165 495,000 440,000 53,560 106,720 160,000 200,000 4,417,178 4,124,350 3,732,443 3,338,500 2,750,000 Total stockholders' equity (ending balance) 3,706,557 3,433,152 3,065,176 2,434,000 1,550,00o 4,270,764 3,928,396 3,535,472 3,044,250 2,475,000 3,569,855 3,249,164 2,749,588 1,992,000 1,150,000 20Y5 Net income Interest expense Income tax expense Total assets (ending balance) 31,749 Average total assets Average total stockholders' equity You have been asked to evaluate the historical performance of the company over the last five years. ratios have remained relatively steady at the following levels for the last five years: 20Y4-20Y8 Return on total assets Return on stockholders' equity Times interest earned 2896 1890 2.7

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