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Quantum Moving Company has the following data. Industry information is also shown. Industry Data on Company data Year Net Income, Total Assets 20XX $447,000
Quantum Moving Company has the following data. Industry information is also shown. Industry Data on Company data Year Net Income, Total Assets 20XX $447,000 $2,899,000 Net Income/Total Assets 13.5% 20XY 429,000 20XZ 442,000 3,262,000 3,826,000 9.2 7.0 Year Debt 20XX 20XY 20XZ $1,639,000 1,748,000 1,943,000 Total Assets $2,899,000 Debt/Total Assets 54.2% 3,262,000 3,826,000 44.8 33.0 Calculate the company's data in terms of: (Round the final answers to 1 decimal place.) a. Net income/Total assets b. Debt/Total assets 20XX 20XY % 20XZ As an industry analyst comparing the firm to the industry, are you likely to praise or criticize the firm in a. Net income/Total assets b. Debt/Total assets (Click to select) (Click to select)
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