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Quantum Moving Company has the following data. Industry information also is shown. Company Data Year Net Income 20X1 $ 401,000 20X2 441,000 20X3 441,000 Year
Quantum Moving Company has the following data. Industry information also is shown. Company Data Year Net Income 20X1 $ 401,000 20X2 441,000 20X3 441,000 Year Debt 20X1 $ 1,699,000 20X2 1,753,000 20X3 1,934,000 Net income/Total assets Debt/Total assets Total Assets $ 2,806,000 3,298,000 3,820,000 Total Assets $ 2,806,000 3,298,000 3,820,000 a. Calculate the company's data in terms of: (Input your answers as a percent rounded to 1 decimal place.) Net income/Total assets Debt/Total assets Industry Data on Net Income/Total Assets 13.4% 8.5 4.1 20X1 % % Praise Criticize Industry Data on Debt/Total Assets 53.5% 41.0 34.0 Answer is complete and correct. Praise/Criticize 20X2 b. As an industry analyst comparing the firm to the industry, are you likely to praise or criticize the firm in terms of % % 20X3 % % Quantum Moving Company has the following data Industry information al so is shown a. Calcutate the company's data in terms of: (Input your answers as a percent rounded to 1 decimal place.) b. As an industry analyst compsring the firm to the industry, are you likely to praise or critucite the firm in terms of
Quantum Moving Company has the following data. Industry information also is shown. Company Data Year Net Income 20X1 $ 401,000 20X2 441,000 20X3 441,000 Year Debt 20X1 $ 1,699,000 20X2 1,753,000 20X3 1,934,000 Net income/Total assets Debt/Total assets Total Assets $ 2,806,000 3,298,000 3,820,000 Total Assets $ 2,806,000 3,298,000 3,820,000 a. Calculate the company's data in terms of: (Input your answers as a percent rounded to 1 decimal place.) Net income/Total assets Debt/Total assets Industry Data on Net Income/Total Assets 13.4% 8.5 4.1 20X1 % % Praise Criticize Industry Data on Debt/Total Assets 53.5% 41.0 34.0 Answer is complete and correct. Praise/Criticize 20X2 b. As an industry analyst comparing the firm to the industry, are you likely to praise or criticize the firm in terms of % % 20X3 % %
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