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Jolle Foster Care Homes Inc. shows the following data Year 20 X2 263 29x2 Total Stockholders it thicone Assets Equity $ 193,00 5 1,978, $1,460,
Jolle Foster Care Homes Inc. shows the following data Year 20 X2 263 29x2 Total Stockholders it thicone Assets Equity $ 193,00 5 1,978, $1,460, 221,988 2,460, 1,845, 195,00 2,740,000 1,910, 189,00 23, 1200 Total 5 615, *10, eee 938, .-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 Return on Assets 20X1 20X3 29x4 6-2. What is the trend in the net income to total assets ratio Strong upward movement Strong downward movement
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