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Critelli Company has provided the following comparative information: Year 5 Year 4 Year 3 Year 2 Year 1 Net income $ 1 , 2 7

Critelli Company has provided the following comparative information:
Year 5 Year 4 Year 3 Year 2 Year 1
Net income $1,275,100 $1,099,200 $923,700 $789,500 $669,100
Interest expense 433,500395,700341,800260,500207,400
Income tax expense 408,032307,776258,636205,270160,584
Average total assets 8,500,4987,512,0606,423,8585,468,7504,662,234
Average stockholders' equity 2,884,8422,592,4532,275,1232,024,3591,779,521
You have been asked to evaluate the historical performance of the company over the last five years.
Selected industry ratios have remained relatively steady at the following levels for the last five years:
Industry Ratios
Return on total assets 19.8%
Return on stockholders' equity 41%
Times interest earned 4.6
Instructions:
Calculate three ratios for Year 1 through Year 5. Round to one decimal place.
a. Return on total assets:
Year 5 fill in the blank 1
%
Year 4 fill in the blank 2
%
Year 3 fill in the blank 3
%
Year 2 fill in the blank 4
%
Year 1 fill in the blank 5
%

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