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JAS Clocks Corp. shows the following data: Year Net income Total assets 20XW $139,000 $1,700,000 20XX 145,000 2,100,000 20XY 170,000 2,600,000 20XZ 195,000 3,200,000
JAS Clocks Corp. shows the following data: Year Net income Total assets 20XW $139,000 $1,700,000 20XX 145,000 2,100,000 20XY 170,000 2,600,000 20XZ 195,000 3,200,000 36:13 Shareholders equity $ 950,000 980,000 1,100,000 1,200,000 bok Total debt $ 950,000 1,275,000 1,700,000 2,200,000 a-1. Compute the ratio of net income to total assets for each year. (Round the final answers to 2 de Year Return on assets % int 20XW 20XX rences aw 20XY 20XZ 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 Year 20XW Return on shareholders' equity % < Prev 10 of 12 Next
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