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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 | $401,000 | $2,806,000 | 13.4 | % | ||||||
| 20XY | 441,000 | 3,298,000 | 8.5 | |||||||
| 20XZ | 441,000 | 3,820,000 | 4.1 | |||||||
| Year | Debt | Total Assets | Debt/Total Assets | |||||||
| 20XX | $1,699,000 | $2,806,000 | 53.5 | % | ||||||
| 20XY | 1,753,000 | 3,298,000 | 41.0 | |||||||
| 20XZ | 1,934,000 | 3,820,000 | 34.0 | |||||||
Calculate the company's data in terms of: (Round the final answers to 1decimal place.)
| 20XX | 20XY | 20XZ | ||
| a. | Net income/Total assets | 13.4 Numeric Response Edit Unavailable. 13.4 incorrect. % | % | % |
| 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 | |
| b. | Debt/Total assets |
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