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Item16 2.25points Return to question Item 16 Item 16 2.25 points Quantum Moving Company has the following data. Industry information also is shown. Company Data
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Item 16 2.25 points
Quantum Moving Company has the following data. Industry information also is shown.
Company Data | Industry Data on | |||||||||
Year | Net Income | Total Assets | Net Income/Total Assets | |||||||
20X1 | $ | 416,000 | $ | 2,893,000 | 13.3 | % | ||||
20X2 | 433,000 | 3,277,000 | 8.8 | |||||||
20X3 | 400,000 | 3,760,000 | 4.2 | |||||||
Year | Debt | Total Assets | Industry Data on Debt/Total Assets | |||||||
20X1 | $ | 1,674,000 | $ | 2,893,000 | 53.5 | % | ||||
20X2 | 1,739,000 | 3,277,000 | 42.5 | |||||||
20X3 | 1,960,000 | 3,760,000 | 30.0 | |||||||
a. Calculate the company's data in terms of: (Input your answers as a percent rounded to 1 decimal place.)
b. As an industry analyst comparing the firm to the industry, are you likely to praise or criticize the firm in terms of:
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