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Quantum Moving Company has the following data. Industry information also is shown. Company data Year 20x1 Net Income 20X2 20x3 $ 418,000 448,000 442,000

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Quantum Moving Company has the following data. Industry information also is shown. Company data Year 20x1 Net Income 20X2 20x3 $ 418,000 448,000 442,000 Total Assets $ 2,829,000 3,236,000 3,830,000 Industry Data on Net Income/Total Assets 13.8% 8.5 4.3 Company Data Year: Debt Total Assets 20x1 $ 1,661,000 20X2 1,828,000 20X3 1,924,000 $ 2,829,000 3,236,000 3,830,000 a. Calculate the company's data in terms of Industry Data on Debt/Total Assets 52.3% 42.0 39.0 Note: Input your answers as a percent rounded to 1 decimal place. Net income/Total assets Debt/Total assets 20X1 20X2 20X3 88.0 % 88.0% 88.0 % 88.0% 88.0 % 88.0 % b. As an industry analyst comparing the firm to the industry, are you likely to praise or criticize the firm in terms of Praise/Criticize Net income/Total assets Debt/Total assets Criticize Praise

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