Item$8$

$5$

points

eBookHintPrintReferencesCheck my workCheck My Work button is now enabledItem $8$

Problem $3-28($Algo$)$ Trend analysis $[$LO$3-4]$

Quantum Moving Company has the following data. Industry information also is shown.

Company data Industry Data on Net Income$/$Total Assets

Year Net Income Total Assets

$20$X$1$ $ $351,000$ $ $2,826,00010\mathrm{.}0\%$

$20$X$2380,0003,231,0008\mathrm{.}3$

$20$X$3433,0003,753,0004\mathrm{.}7$

Company Data Industry Data on Debt$/$Total Assets

Year Debt Total Assets

$20$X$1$ $ $1,709,000$ $ $2,826,00055\mathrm{.}4\%$

$20$X$21,826,0003,231,00047\mathrm{.}0$

$20$X$31,960,0003,753,00032\mathrm{.}0$

Calculate the company's data in terms of:

Note: Input your answers as a percent rounded to $1$ decimal place.

$20$X$120$X$220$X$3$

Net Income$/$Total assets

Debt$/$Total assests

As an industry analyst comparing the firm to the industry, are you likely to praise or criticize the firm in terms of:

Praise$/$Criticize

Net Income$/$Total assets

Debt$/$Total assets