Question: Quantum Moving Company has the following data. Industry information also is shown. As an industry analyst comparing the firm to the industry, are you likely
Quantum Moving Company has the following data. Industry information also is shown.
.png)
As an industry analyst comparing the firm to the industry, are you likely to praise or criticize the firm in terms of:
a. Net income/Total assets.
b. Debt/Totalassets.
Industry Data on Company Data Net Income/Total Assets Year 2011 2012 2013 Net Income $424,000 428,000 412,000 Total Assets $2,843,000 3,267,000 3,834,000 14.0% 9.8 3.9 Industry Data on Debt Total Assets $2,843,000 3,267,000 3,834,000 Debt/Total Assets Year 2011 2012 2013 $1,722,000 1,732,000 1,950,000 56.6% 42.0 38.0
Step by Step Solution
3.33 Rating (171 Votes )
There are 3 Steps involved in it
a Net incometotal assets Year Quantum Ratio Industry Ratio 2011 149 140 2012 131 98 2013 107 39 Alth... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
341-B-A-F-A (1207).docx
120 KBs Word File
