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Using the following data: Total Stockholders' Year Net Income Assets Equity 28x1 $ 138,eee $ 2,650,000 $ 796,000 20x2 148,eee 2,300,eee 1,284, een 28x3 160,000
Using the following data: Total Stockholders' Year Net Income Assets Equity 28x1 $ 138,eee $ 2,650,000 $ 796,000 20x2 148,eee 2,300,eee 1,284, een 28x3 160,000 2,288,888 1,5ee,eee 20x4 255, eee 2,648,eee 2,510,eee Total Debt $ 1,854,600 1,016,eee 780,eee 130,000 b-1. Compute the ratio of net Income to stockholders' equity for each year. (Input your answers as a percent rounded to 2 decimal places.) Year Return on Stockholders' Equity 20X1 20X2 20x3 20X4 1-2 What is the trend in the net income to stockholders' equity ratio? Strong downward movement Strong upward movement
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