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Quantum Moving Company has the following data. Industry information is also shown. Company data Industry Data on Year Net Income Total Assets Net Income/Total Assets

Quantum Moving Company has the following data. Industry information is also shown.

Company data Industry Data on
Year Net Income Total Assets Net Income/Total Assets
20XX $424,000 $2,843,000 14.0 %
20XY 428,000 3,267,000 9.8
20XZ 412,000 3,834,000 3.9

Year Debt Total Assets Debt/Total Assets
20XX $1,722,000 $2,843,000 56.6 %
20XY 1,732,000 3,267,000 42.0
20XZ 1,950,000 3,834,000 38.0

Calculate the company's data in terms of: (Round the final answers to 1 decimal place.)

20XX 20XY 20XZ
a. Net income/Total assets % % %
b. Debt/Total assets % % %

As an industry analyst comparing the firm to the industry, are you likely to praise or criticize the firm in terms of:

a. Net income/Total assets (Click to select) Criticize Praise
b. Debt/Total assets (Click to select) Criticize Praise

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