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JAS Clocks Corp. shows the following data: Year 2exw 20xx 2exy 2exZ Net income $126,000 132, eee 157,000 182,000 Total assets $1,570,000 1,970,000 2,470,000 3,070,000
JAS Clocks Corp. shows the following data: Year 2exw 20xx 2exy 2exZ Net income $126,000 132, eee 157,000 182,000 Total assets $1,570,000 1,970,000 2,470,000 3,070,000 Shareholders' equity $ 820,000 850,000 970,000 1,070,000 Total debt $ 820,000 1,145,000 1,570,000 2,070, eee a-1. Compute the ratio of net income to total assets for each year. (Round the final answers to 2 decimal places.) Year Return on assets 20XW % 2exx % 20xY % 2exz % 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 places.) Return on Year shareholders' equity 20XW % 2exx % 2exy % 20xz % b-2. Comment on the trend. Strong upward movement Strong downward movement b-3. Not available in connect
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