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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 $1,319,800 $1,137,800 $956,100

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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 $1,319,800 $1,137,800 $956,100 $817,200 $692,500 Interest expense 448,700 409,600 353,800 269,700 214,700 Income tax expense 422,336 318,584 267,708 212,472 166,200 Average total assets 8,842,500 7,815,152 6,683,163 5,690,576 4,851,337 Average stockholders' equity 2,999,545 2,696,209 2,366,584 2,106,186 1,851,604 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 19.7 % Return on stockholders' equity 40.8 % Times interest earned 4.6 Instructions: Calculate three ratios for Year 1 through Year 5. Round to one decimal place. 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 III Year 3 Year 2 Year 1

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