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Quantum Moving Company has the following data. Industry information also is shown. Year 20X1 20X2 20X3 Company data Net Income $ 416,000 433,000 400,000

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Quantum Moving Company has the following data. Industry information also is shown. Year 20X1 20X2 20X3 Company data Net Income $ 416,000 433,000 400,000 Company Data Year Debt 20X1 $ 1,674,000 20x2 1,739,000 20X3 1,960,000 Industry Data on Net Total Assets Income/Total Assets $ 2,893,000 3,277,000 13.3% 8.8 3,760,000 4.2 Industry Data on Total Assets $ 2,893,000 Debt/Total Assets 53.5% 3,277,000 42.5 3,760,000 30.0 a. Calculate the company's data in terms of: Note: Input your answers as a percent rounded to 1 decimal place. Net income/Total assets Debt/Total assets 20X1 20X2 % % 20X3 % % b. As an industry analyst comparing the firm to the industry, are you likely to praise or criticize the firm in terms of: Net income/Total assets Debt/Total assets. Praise/Criticize

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