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Jodie Foster Care Homes Inc. shows the following data: Year 20X1 20x2 20X3 20x4 Net Income $ 202,000 211,000 209,000 183,000 Total Stockholders' Assets Equity
Jodie Foster Care Homes Inc. shows the following data: Year 20X1 20x2 20X3 20x4 Net Income $ 202,000 211,000 209,000 183,000 Total Stockholders' Assets Equity $ 1,980,000 $1,422,000 2,400,000 1,565,000 2,740,000 1,610,000 2,700,000 1,640,000 Total Debt $ 558,000 835,000 1,130,000 1,060,000 a-1. Compute the ratio of net income to total assets for each year. (Input your answers as a percent rounded to 2 decimal places.) Year 20X1 20X2 20X3 20X4 Return on Assets % % % % a-2. What is the trend in the net income to total assets ratio? Strong downward movement Strong upward movement b-1. Compute the ratio of net income to stockholders' equity for each year. (Input your answers as a percent rounded to 2 decimal places.) Year 20X1 20X2 Return on Stockholders' Equity % % % % 20X3 20X4 b-2. What is the trend in the net income to stockholders' equity ratio? Strong upward movement Strong downward movement
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