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JAS Clocks Corp. shows the following data: Year 20XW 20XX 20XY 20xz Net income $136,000 142,000 167,000 192,000 Total assets $1,670,000 2,070,000 2,570,000 3,170,000 Shareholders'

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JAS Clocks Corp. shows the following data: Year 20XW 20XX 20XY 20xz Net income $136,000 142,000 167,000 192,000 Total assets $1,670,000 2,070,000 2,570,000 3,170,000 Shareholders' equity $ 920,000 950,000 1,070,000 1,170,000 Total debt $ 920,000 1,245,000 1,670,000 2,170,000 a-1. Compute the ratio of net income to total assets for each year. (Round the final answers to 2 de 39 Return on assets Year 20xw 20xx 20XY 20xz S a-2. Comment on the trend. Strong upward movement O Strong downward movement b-1. Compute the ratio of net income to shareholders' equity. (Round the final answers to 2 decimal p Year 20XW Return on shareholders' equity 20xx 2OXY 20xz

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