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Trend Analysis Critelli Company has provided the following comparative information: Year 5 Year 4 Year 3 Year 2 Year 1 Net Income $1,331,900 $1,148,200 $964,900

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Trend Analysis Critelli Company has provided the following comparative information: Year 5 Year 4 Year 3 Year 2 Year 1 Net Income $1,331,900 $1,148,200 $964,900 $824,700 $698,900 Interest expense 452,800 413,400 357,000 272,200 216,700 167,736 5,058,564 1,936,011 Income tax expense 426,208 321,496 270,172 214,422 Average total assets 9,199,485 8,133,333 6,957,368 5,929,189 Average stockholders' equity 3,119,204 2,807,335 2,467,775 2,199,200 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 19.1 % Return on stockholders' equity 39.5 % Times interest earned Instructions: Calculate three ratios for Year 1 through Year 5. Round to one decimal place. 4.6 a. Returnion total assets: a. Return on total assets Year 5 % Year 4 % % Year 3 Year 2 % Year 1 % b. Return on stockholders' equity: Year 5 % Year 4 % DIDI LILIL DULUI Year 3 % Year 2 % Year 1 % C. Times interest earned: Year 5 Year 4 Year 3 VAS

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