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:

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: Instructions 20082012 Rate earned on total assets 11% Rate earned on stockholders equity 16% Number of times interest charges earned 3.1 Ratio of liabilities to stockholders equity 1.5

In addition to the problem documentation, prepare a 2-3 page summary in which you analyze your results. Support your paper with minimum of one (1) scholarly resource. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.

2012 2011 2009 2008 Net income Interest expense Income tax expense Total assets (ending balance) Total stockholders' equity 2010 170,879 229,985 394,485 552,500 500,000 300,094 166,358 6,023,425 5,624,113 5,089,695 4,552,500 3,750,000 2,647,848 2476,970 2,246,985 ,852,500 1,300,000 350,027 49,492 325,002 83,179 281,250 124,800 250,000 156,000 (ending balance) Average total assets Average stockholders' equity 5,823,769 5,356,904 4,821,098 4,151,250 3,375,000 2,562,409 2,361,977 2,049,743 1,576,250 1,050,000