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Quantum Moving Company has the following data. Industry information also is shown Company data Year Net Income Total Assets 20X1 $487,000 $2,821,000 20X2 473,000 3,254,000

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Quantum Moving Company has the following data. Industry information also is shown Company data Year Net Income Total Assets 20X1 $487,000 $2,821,000 20X2 473,000 3,254,000 20X3 386,000 3,812,000 Industry Data on Net Income/Total Assets 14.8% 7.4 4.9 Industry Data on Debt/Total Year Debt 20X1 $1,676,000 $2,821,000 20X2 1,762,000 3,254,000 20X3 1,921,000 3,812,000 Total Assets Assets 623% 46.0 31.0 a. Calculate the company's data in terms of: (Input your answers as a percent rounded to 1 decimal place.) 20X1 20X2 20X3 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

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