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Can someone please help me with this problem? Need by 9/18 - 11:59 PM. Thanks in advance! Jolie Foster Care Homes Inc. shows the following
Can someone please help me with this problem? Need by 9/18 - 11:59 PM. Thanks in advance!
Jolie Foster Care Homes Inc. shows the following data: Year Net Income 20x1 $ 155,000 20x2 191,000 20x3 208,000 20x4 192,000 Total Assets $ 2,390,000 2,700,000 2,730,000 2,470,000 Stockholders' Equity $ 761,000 966,000 1,770,000 2,220,000 Total Debt $ 1,629,000 1,734,000 960,000 250,000 a-1. Compute the ratio of net income to total assets for each year. (Input your answers as a percent rounded to 2 decimal places.) Answer is not complete. Year Return on Assets % 20X1 20x2 7.00% 20X3 % 20X4 % a-2. What is the trend in the net income to total assets ratio? Strong upward movement Strong downward movement a-2. What is the trend in the net income to total assets ratio? Strong upward movement Strong downward movement b-1. Compute the ratio of net income to stockholders' equity for each year. (Input your answers as a percent rounded to 2 decimal places.) Year Return on Stockholders' Equity % 20X1 20X2 20X3 20X4 % % b-2. What is the trend in the net income to stockholders' equity ratio? Strong upward movement Strong downward movement
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