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Trend Analysis Critelli Company has provided the following comparative information: Year 1 $614,000 190,300 147,360 5,058,491 Year 5 Year 4 Year 3 Year 2 Net

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Trend Analysis Critelli Company has provided the following comparative information: Year 1 $614,000 190,300 147,360 5,058,491 Year 5 Year 4 Year 3 Year 2 Net income $1,170,200 $1,008,800 $847,700 $724,500 Interest expense 397,900 363,200 313,600 239,100 Income tax expense 374,464 282,464 237,356 188,370 Average total assets 9,116,860 8,070,588 6,912,500 5,911,656 Average stockholders' equity 3,039,481 2,748,774 2,428,940 2,175,676 You have been asked to evaluate the historical performance of the company over the last five years. Selected industry ratios have remained relatively steady at the following levels for the last five years: Industry Ratios Return on total assets 16.9 % Return on stockholders' equity 35.3% Times interest earned 4.6 1,924,765 Instructions: Calculate three ratios for Year 1 through Year 5. Round to one decimal place. a. Return on total assets: Year 5 % Year 4 % a. Return on total assets: Year 5 % Year 4 % Year 3 % Year 2 % Year 1 % b. Return on stockholders' equity: Year 5 % Year 4 % Year 3 % Year 2 % Year 1 % c. Times interest earned: Year 5 Year 4 Year 3 Year 2 Year 1

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