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Quantum Moving Company has the following data. Industry information also is shown. Company data Net Income $ 418,000 448,000 442,000 Industry Data on Net Income/Total
Quantum Moving Company has the following data. Industry information also is shown. Company data Net Income $ 418,000 448,000 442,000 Industry Data on Net Income/Total Assets 13.8% 8.5 4.3 Total Assets Year 20X1 20X2 20X3 $ 2,829,000 3,236,000 3,830,000 Industry Data on Debt/Total Assets 52.3% Year 20X1 20X2 20X3 Debt Total Assets $ 2,829,000 3,236,000 3,830,000 1,661,000 1,828,000 1,924,000 42.0 39.0 a. Calculate the company's data in terms of. (Input your answers as a percent rounded to 1 decimal place.) 20X2 20X3 20X1 Net income/Total assets % % % % % % Debt/Total assets 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 co t
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