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Quantum Moving Company has the following data. Industry information also is shown. Company data Industry Data on Net Income/Total Assets 11.6% 7.2 4.9 Year
Quantum Moving Company has the following data. Industry information also is shown. Company data Industry Data on Net Income/Total Assets 11.6% 7.2 4.9 Year 20X1 20X2 20X3 Year 20X1 20X2 20X3 Net Income $ 393,000 409,000 392,000 Company Data Debt $ 1,670,000 1,754,000 1,948,000 Net income/Total assets Debt/Total assets Total Assets $ 2,889,000 3,288,000 3,755,000 Total Assets $ 2,889,000 3,288,000 3,755,000 Net income/Total assets Debt/Total assets a. Calculate the company's data in terms of: Note: Input your answers as a percent rounded to 1 decimal place. 20X1 Industry Data on Debt/Total Assets % % 20X2 Praise/Criticize 52.3% 40.0 30.0 % % 20X3 b. As an industry analyst comparing the firm to the industry, are you likely to praise or criticize the firm in terms of: % %
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