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i wamt to know all.correct information with formulas. please. Trend Analysis Year 1 Critelli Company has provided the following comparative information: Year 5 5 Year
i wamt to know all.correct information with formulas. please.
Trend Analysis Year 1 Critelli Company has provided the following comparative information: Year 5 5 Year 4 4 Year 3 3 Year 2 Net income $1,074,400 $ $926,200 $778,300 $ $665.200 Interest expense 365,300 333,400 288,000 219,500 Income tax expense 343,808 259,336 217,924 172,952 Average total assets 6,023,849 5314,768 4,537,447 3,846,522 Average stockholders' equity 2,074,131 1,852,400 1,614,730 1.427 468 $563,700 174.700 135.288 3,267,257 1,247,124 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 23.6% Return on stockholders' equity Times interest earned Return on total assets 48.6% 4.6 Instructions: Calculate three ratios for Year 1 through Year 5. Round to one decimal place. a. Return on total assets: Year 5 Year 4 Year 3 3 Year 2 2 5 Year 1 b. Return on stockholders' equity: Year 5 Year 4 5 Year 3 % Year 2 Year 1 c. Times interest earned: 5 Year 5 Year 4 Year 3 Year 2 Year 1Step by Step Solution
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